| Friday, March 02, 2007 |
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A total of 162 private equity funds focused on investing in the emerging markets of Asia, Eastern Europe, Latin America, the Middle East and Africa raised $33.2bn in capital commitments in 2006, according to data from the Emerging Markets Private Equity Association. This represents a 29 per cent increase over the $25.8bn raised in 2005.
Emerging Asia attracted more capital than any other region within the emerging markets. In Emerging Asia 93 funds raised $19.4bn, representing a 26 per cent increase over the $15.5bn raised in 2005. Funds dedicated to investments in China and India alone accounted for $6.8bn, or 35 per cent of emerging Asian fund totals, and nearly 20 per cent of the overall total. |
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