PE firms exploring BPO opportunities

Private equity (PE) funds are exploring opportunities in the business process outsourcing (BPO) sector, putting the Philippines on their radar screen. This was revealed by senior PE fund executives during the 2nd Annual Private Equity & Venture Forum Philippines 2016 in Makati. Among the PE funds interested in the country’s BPO sector are Navegar, a Philippine-focused fund that seeks companies that can absorb larger amounts of capital. Navegar is invested in the BPO, food and beverage, and health care sectors. According to Florian Marquis, senior vice-president at Swiss private investment firm Partners Group, there is a lot of capital hunting for attractive transactions. Smart PE money will find its way to the Philippines, which is expected to outperform other regional markets.