India and China Enjoys Chunks of PE Funds
Emerging Markets Private Equity Association (EMPEA) which manages a global proprietary database of private equity activity across emerging markets announced that India and China has got as much as 68% of the total private equity funds.
EMPEA quoted, "China and India together captured 68 per cent of the total invested, with USD 5.8 billion going into China and USD 3.8 billion into India”.
If total is considered then, private equity investments has become little over budget. And, moreover both India and China is accounted for 54% of the total number of completed PE transactions for the first six months. Individually, China is accountable for 136 completed transactions and India for 142.
EMPEA said they are positive on their expectations to reach USD 40 billion by the end of the year and they have already raised a total of USD 22.6 billion by 89 funds in the first six months. The amount is increased when compared to the last year’s amount of USD 23.5 billion. This clearly indicates that the market would get double by this year.
EMPEA President and CEO Sarah Alexander supporting the above statement said the fund raised in first six months of 2011 is the approximate total of full-year 2010 level, and if the expected level is achieved which is of USD 40 billion or more they would break their own records of 2006.