Page 236 - SC SCAR 2023 ENGLISH Flipbook

PART 6 MARKET STATISTICS
CHART 1
Sources of funds, private equity (2023: RM11.00 billion)
CHART 2
Sources of funds, venture capital (2023: RM6.58 billion)
Insurance companies, 3.13%
Fund-of-funds and asset managers, 9.50%
Pension and provident funds, 10.07%
Endowments and non-profits, 10.04%
Financial institutions,
12.88%
Goverment agencies and investment companies, 2.57%
Corporate investors, 32.36%
Individuals and family offices, 19.45%
Pension and provident funds, 3.08%
Individuals and family offices, 13.99%
Corporate investors, 19.73%
Financial institutions, 1.30%
Insurance companies, 0.68%
Fund-of-funds and asset managers, 0.05%
Goverment agencies and investment companies, 38.62%
Sovereign wealth funds, 22.55%
Note:
Government agencies and investment companies: Includes ministerial investment companies (e.g. MOF (Incorporated)), government agencies, statutory bodies and GLICs established for the purpose of managing investments of public funds.
TABLE 3
Investments during 2023
Business Stage
New investments (RM ‘000)
% of segment
No. of companies
Venture Capital
Seed
17,298.79
7.73%
7
Start-up
12,896.87
5.77%
4
Early stage
58,722.12
26.25%
17
Growth
126,689.08
56.63%
33
Bridge/Mezzanine/Pre-IPO
8,100.00
3.62%
1
Private Equity
Startup
41,264.07
2.96%
2
Early stage
232,714.52
16.71%
4
Growth
1,075,382.47
77.20%
18
Buyout
43,710.02
3.14%
1
Total
1,616,777.94
100.00%
87
Venture Capital
223,706.86
13.84%
62
Private Equity
1,393,071.08
86.16%
25
234
SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023
VC investments in 2023 concentrated on growth (56.63%), followed by early stage (26.25%) and seed (7.73%) opportunities. PE investments were primarily channeled into growth plays (77.20%), with some investments made to early stage opportunities (16.71%), followed by buyouts (3.14%). In total, 62 VC and 25 PE deals were recorded in 2023 (Table 3).