Private equity investors have started to put more money to work in emerging markets following a sharp fall in allocations during the financial crisis.
Funds targeting the region raised $11bn (£6.8bn, €8.3bn) of fresh investment in the first half of 2010, up from $9bn in the same period last year, according to the Emerging Markets Private Equity Association.
Asian funds accounted for 55 per cent of the inflows, with China responsible for 60 per cent of this. However, interest is rising fastest for private equity funds focused on Africa.
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