Philippines remains a small market for PE: Sierra Madre co-founder Alasdair Thomson

Philippines remains a small market for PE: Sierra Madre co-founder Alasdair Thomson

Alasdair Thomson, partner and co-founder, Sierra Madre. Photo: DealStreetAsia

The Philippines remains a small market for private equity (PE) investing and it could take time for local entrepreneurs to adopt a mindset of creating and selling businesses, according to Alasdair Thomson, partner and co-founder of PE firm Sierra Madre.