1、Asia-Pacific Private Equity Report 2023 After a turbulent year,investors brace for more uncertainty.This work is based on secondary market research,analysis of financial information available or provided to Bain&Company and a range of interviews with industry participants.Bain&Company has not indepe

2、ndently verified any such information provided or available to Bain and makes no representation or warranty,express or implied,that such information is accurate or complete.Projected market and financial information,analyses and conclusions contained herein are based on the information described abo

3、ve and on Bain&Companys judgment and should not be construed as definitive forecasts or guarantees of future performance or results.The information and analysis herein do not constitute advice of any kind,are not intended to be used for investment purposes,and neither Bain&Company nor any of its sub

4、sidiaries or their respective officers,directors,shareholders,employees,or agents accept any responsibility or liability with respect to the use of or reliance on any information or analysis contained in this document.This work is copyright Bain&Company and may not be published,transmitted,broadcast

5、,copied,reproduced or reprinted in whole or in part without the explicit written permission of Bain&Company.Authors and acknowledgmentsThis report was prepared by:Kiki Yang,a Bain&Company partner based in Hong Kong and coleader of the firms Asia-Pacific Private Equity practice;Thomas Kidd,a partner

6、based in Singapore and a member of Bains Southeast Asia Private Equity practice;andElsa Sit,practice vice president with Bains Private Equity practice.The authors wish to thank Karren Harris,Nancy Zheng,Allison Gao,Usman Akhtar,Hao Zhou,Wonpyo Choi,Sungwon Yoon,Sriwatsan Krishnan,James Viles,Lachlan