
HANOI -- Tower Capital Asia's maiden private equity fund, which is expected to soon hit nearly 60% deployment, will focus on opportunities in Singapore before expanding into other Southeast Asian markets, according to a top executive of the firm.
"The whole region is going through a [COVID-19] recovery phase. And now with the inflation and currency movements, we want to take a more considered step before having offices in other markets in the region," Danny Koh, founder and CEO of the Singapore-based buyout firm, told DealStreetAsia.