ASEAN-focused buyout and growth funds have together collected $0.8bn in 2019 so far (as of June), matching the total amount raised in all of 2018, Preqin said in its report: Markets in Focus: Southeast Asia.

"Given that we are at the mid-point of 2019, the full-year fundraising figure is likely to exceed 2018's total. That said, fundraising is down from its peak