Singapore’s Tower Capital Asia gung ho about exits despite gloomy outlook for PE firmsWith about 75% of Fund I deployed, the firm is targeting more ex…

Singapore's Tower Capital Asia gung ho about exits despite gloomy outlook for PE firms

Danny Koh, Founder and CEO, Tower Capital Asia

Singapore-based mid-market investor Tower Capital Asia sounded a bullish note on exits at a time when Southeast Asia’s private equity market faces the toughest exit conditions in six years. According to a Bain & Company report released on Wednesday, exit deal value in the region dived as much as 60% in 2023, while deal count fell 70%.

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