The current political climate in Southeast Asia is far from ideal. Weak government now looks on the cards in Indonesia following the country's fragmented vote, while elections in Thailand have descended into chaos and the Malaysia vote remains dogged by fraud allegations almost a year after it was held.
As a result, analysts have been busy speculating as to what the regional shake-up means for domestic and foreign investors looking to these potentially high-growth markets.
But the reality is less hysterical. One class of investor seemingly unmoved so far is private equity, with KKR, Blackstone and TPG all ramping up their Southeast Asian operations over the...