Chart of the week: Southeast Asia-focused fundraising

No funds focused solely on Southeast Asia have reached a final close in 2015 to date

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Private equity funds investing into Southeast Asia as a separate region raised a total of $2.51 billion from investors across all sectors in 2013. This was a bumper year for investments globally, but in the following year five funds gathered just $0.36 billion of capital; 86 percent less than in 2013. So far in 2015, no Southeast Asia-focused vehicles that invest exclusively into the region have reached a final close.

Three funds targeting Southeast Asia, alongside other countries, have closed in 2015 to date. Equis Funds Group held a final close of Equis Asia Fund II (EAF II) and Equis Direct Investment Fund, and Navis Capital Partners closed Navis Asia Fund VII. Collectively the funds gathered $2.8 billion for investments into China, India, Hong Kong, and Australia, as well as Southeast Asia.

In 2013, the largest vehicle focused on the region to hold a final close was China-ASEAN Investment Cooperation Fund I, managed by China-ASEAN Capital Advisory Company. The fund collected $1 billion of investor capital and targets investments into infrastructure, energy and natural resources.

There are currently 26 Southeast Asia-focused vehicles on the road, targeting $6 billion in total. The two largest funds in market are Java Fund managed by Yawadwipa Companies and Northstar Equity Partners IV managed by Northstar Group. The buyout vehicles are both targeting $1 billion for investments into Indonesia.