Page 235 - SC SCAR 2023 ENGLISH Flipbook

VENTURE CAPITAL AND PRIVATE EQUITY
TABLE 1
Statistics of industry participants
The total number of registered corporations stood at 137 as at 31 December 2023 (Table 1). The venture capital segment accounted for 113 registered venture capital management corporations (VCMCs) and venture capital corporations (VCCs), while the private equity segment consisted of 24 registered private equity management corporations (PEMCs) and private equity corporations (PECs).
As at end 2023, the number of professionals employed by the industry with at least 4 years of experience stood at 305.
Total committed funds in the industry as at the end of 2023 stood at RM11.00 billion and RM6.58 billion for private equity and venture capital respectively (Table 2), with a combined total of RM17.58 billion.
Note:
Professionals with at least 4 years of experience.
TABLE 2
Industry key statistics
Figures in RM millions
1
PART 6 MARKET STATISTICS
2023
2022
Number of registered corporations
137
129
Number of registered VCMCs and VCCs
113
109
Number of registered PEMCs and PECs
24
20
Number of VC and PE professionals1
305
229
2023
2022
Private equity
Venture capital
Private equity
Venture capital
Total committed funds under management [1]
11,000.01
6,581.14
10,711.59
5,372.93
Total drawn capital [2]
8,899.53
4,551.23
7,644.83
3,868.54
Estimated capital available for investment [3]=[1]-[2]
2,100.48
2,029.91
3,066.75
1,504.39
Total no. of investee companies
63
392
68
186
Note:
The statistics are based on self-reported figures by registered VC/PE firms. Y-o-y movements may vary.
For PE, commitments are sourced largely from corporate investors (32.36%), individuals and family offices (19.45%), and financial institutions (12.88%) (Chart 1).
For VC, government agencies and investment companies (38.62%), sovereign wealth funds (22.55%) and corporate investors (19.73%) make up the top 3 sources of funding (Chart 2).
The top 3 registered corporations by amount of investor commitments as at end 2023 were Creador, Xeraya Capital and MAVCAP.
SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023 233