Private Equity Growth in International and Emerging Markets
31 Pages Posted: 17 May 2014 Last revised: 12 Jun 2014
Date Written: June 11, 2014
In this book chapter for a practitioner audience, I present international PE activity data dating back to 2000, grouped into several “traditional” and “emerging” regions. There is no clear global development pattern for the PE market. After the historic high in 2000, activity peaked again in 2007, and has been rather volatile ever since. While the trend in traditional markets is relatively flat, emerging economies are increasingly attracting investments. Additionally, the number of countries whose economic development is sufficiently mature to allow PE activity has increased. We have followed this maturity in an ongoing research project since 2006, and rank 118 countries in terms of their PE attractiveness. However, the current ranking is not the only important factor; a country’s medium-term development also provides additional information to investors. Malaysia, Finland, Chile, Turkey, Colombia, Mexico, Russia, the Philippines, Oman, Indonesia, Peru, Morocco, and The Baltics stand out in terms of the development of their PE attractiveness over the last five years.
Keywords: International Finance, Emerging Markets, Venture Capital, Private Equity
JEL Classification: F21, G23, G24, O16, O57
Suggested Citation: Suggested Citation