EM Private Equity Fundraising To Trounce ‘07 Inflows

Aug 12 2008 | 12:25pm ET

Emerging markets private equity fundraising in 2008 is on pace to eclipse the total raised last year, according to an industry group.

The Emerging Markets Private Equity Association says that 104 p.e. firms raised US$35.3 billion in the first six months of this year, representing a 68% increase from US$21 billion over the same period of 2007.

Fundraising by U.S.-focused p.e. firms is down 3% in the first half of 2008 compared with a year ago at US$133 billion, awhile European fundraising rose 16% to US$61 billion. Funds focused on emerging Asian countries excluding Japan, Australia, and New Zealand raised a total of US$26.3bn, more than double the US$11.6 billion in the same period last year.

“Fundraising results for the first half of 2008 bode well for the industry but don't tell the whole story,” said Sarah Alexander, president of EMPEA. “Institutional investors weighing their future allocations will be looking closely to see how quickly and how well this growing pool of capital gets deployed. As fund sizes continue to grow, investors need to see that these markets present sufficient opportunities to absorb this capital.”

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…