Private equity in emerging markets : the new frontiers of international finance / edited by Darek Klonowski.

Format:

Book

Contributor:

Klonowski, Darek.

Language:

English

Subjects (All):

Private equity--Developing countries.

Private equity.

Investments, Foreign--Developing countries.

Investments, Foreign.

Developing countries.

Physical Description:

xxii, 301 pages : illustrations, maps ; 24 cm

Edition:

First edition.

Place of Publication:

New York : Palgrave Macmillan, 2012.

Summary:

This collected edition captures the essence of private equity development in emerging markets, examining the evolution of the private equity industry as well as exit opportunities, financial performance, and anticipated future trends. It also discusses the 'hands-on' aspects of private equity investing in emerging markets. Emerging markets are becoming a major force in global private equity. International investors are attracted to the general storyline of private equity in emerging markets due to these regions' rapid economic growth (driven by an expanding middle class, significant investment into domestic infrastructure, high rural-to-urban migration, and increased population wealth), more responsible public finance decisions, reduced debt, improved corporate governance regimes, and diminished reliance on foreign exports. This collected edition captures the essence of private equity development in emerging markets, examining the evolution of the private equity industry as well as exit opportunities, financial performance, and anticipated future trends. The book also discusses the 'hands-on' aspects of private equity investing in emerging markets, including fundraising, investing, and operational challenges. Unique to this book are contributions from experts in private equity in emerging markets from across the globe.

Contents:

Part I An Overview of Private Equity in Emerging Markets

1 Private Equity: The Differences between Developed and Emerging Markets / Richard T. Bliss Bliss, Richard T. 3

2 Private Equity in the Emerging Markets: No Longer an Asterisk / Joseph Quinlan Quinlan, Joseph 17

3 Economic and Social Profiles of Emerging Economies / Abdella Abdou Abdou, Abdella, SaeedMoshiri 21

4 Assessing Country Attractiveness in the Venture Capital and Private Equity Landscape in Emerging Markets / Alexander Groh Groh, Alexander, Heinrich Liechtenstein Liechtenstein, Heinrich 31

Part II Institutional and Operational Perspectives on Private Equity in Emerging Markets

5 Emerging Market Private Equity, Its Recent Growth and Differences with Private Equity in Developed Markets / David Wilton Wilton, David 47

6 The Investment Committee in Private Equity: A Powerful Tool for Emerging Market Fund Managers / Nicholas B. Callinan Callinan, Nicholas B. 65

7 Venture Capital Contracts: Implications for Emerging Markets / Douglas Cumming Cumming, Douglas, Sofia Johan Johan, Sofia 75

8 Legal and Commercial Challenges in Private Equity in the Middle East / Rajeev Dewan Dewan, Rajeev 89

9 Finding Profit into and out of China / Lucy McNulty McNulty, Lucy 99

10 Five Rules for Winning in Chinese and Arab Private Equity / Jeffrey Towson Towson, Jeffrey 109

Part III Cross-Country Studies of Private Equity in Emerging Markets

11 Private Equity in Central and Eastern Europe-Opportunities in an Emerged Market: The Practitioner's Perspective / Petra Salesny Salesny, Petra 121

12 Private Equity, Risk, and Reward in Africa / Carolyn Campbell Campbell, Carolyn 135

13 Private Equity in Latin America / Cate Ambrose Ambrose, Cate 145

14 Private Equity in the Gulf Cooperation Council / Arindam Banerjee Banerjee, Arindam 153

15 Private Equity in Southeast Asian Emerging Economies: An Institutional Perspective / William Scheela Scheela, William, Edmundo Isidro Isidro, Edmundo, Thawatchai Jittrapanun Jittrapanun, Thawatchai 163

16 Public Support for Venture Capital in Emerging Markets: An Overview of Selected Countries / Barbara Rudnicka Rudnicka, Barbara, Marek Dietl Dietl, Marek 173

Part IV Country-Specific Studies of Private Equity in Emerging Markets

17 The Evolution and Future of Private Equity in China / Sarah E. Alexander Alexander, Sarah E., Michael Casey Casey, Michael 183

18 Private Equity and Venture Capital in Brazil: Drivers, Evolution, and Obstacles / Antonio Gledson de Carvalho Carvalho, Antonio Gledson de 197

19 Contours of Russian Private Equity / Maria Musatova Musatova, Maria 211

20 Private Equity in South and Sub-Saharan Africa / David Lingelbach Lingelbach, David 225

21 Private Equity in India in the Context of Emerging Asia / Darek Klonowski Klonowski, Darek 241

22 Is Private Equity in Emerging Markets Coming of Age? Evidence of the Mexican Private Equity Market / Roberto Charvel Charvel, Roberto 249

23 Private Equity amid Evolving Market Institutions: The Case of Vietnam / Markus Taussig Taussig, Markus, Matthew Schwarz Schwarz, Matthew, Kenneth Chin Chin, Kenneth 261

24 A Review of Private Equity Financing in Nigeria / Daibi W. Dagogo Dagogo, Daibi W. 273.

Notes:

Includes bibliographical references and index.

ISBN:

9781137006288

1137006285

OCLC:

784125147

Publisher Number:

40021508825