The total private equity (PE) deal value for the Asia-Pacific region plunged by 44% from $354 billion in 2021 to $198 billion in 2022, as investors' appetite for risk fell in the face of inflation and geopolitical tensions, according to a study.

That's compared to $354 billion in 2021, the Bain & Company analysts said adding that nearly 70% of surveyed fund manag