U.S. PE Investment In Southeast Asia More Than Doubles Since 2013
As part of a U.S.-ASEAN (Association of Southeast Asian Nations) summit that kicked off earlier this week, President Barack Obama has welcomed Southeast Asian leaders to California to discuss various economic and security issues. According to the White House, ASEAN countries amount to the U.S.’s fourth-largest trading partner; the region has become the third-largest economy in Asia—seventh largest in the world—with a combined GDP of $2.4 trillion.
Needless to say, the investment opportunities in Southeast Asia have not been lost on U.S. PE firms.
Though still dwarfed by the U.S. PE activity in China...