IFC: Private Equity Still Viable in Emerging Markets

By PEHub Administrator — 9 years ago

NEW YORK (Reuters) – Emerging markets will likely remain a viable alternative for private-equity investors seeking returns during the deepening global financial crisis, according to an official with the International Finance Corporation. Emerging market economies are expected to still expand in 2009, said David Wilton, manager for private equity and investment funds at the IFC, […]

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New York Common Allocates $550 Million to Emerging Managers

By PEHub Administrator — 9 years ago

The New York State Common Retirement Fund has selected Parish Capital and Bank of America to help it expand its emerging manager private equity portfolio, which targets funds with less than $750 million in assets under management. The system has allocated $350 million to Parish, with $250 million allocated to co-investments and the remaining $100 million allocated to fund investments. The system has allocated $200 million to Bank of America, all of which is to be used for fund investments. To date, the system’s emerging manager program has invested approximately $400 million.

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Emerging Capital Partners Scores 2x On Feed Producer

By PEHub Administrator — 9 years ago

Emerging Capital Partners, a Washington, D.C.-based buyout firm that invests in African companies, has sold its minority stake in SOMDIAA SA, a producer of sugar, flour and animal feed in Central Africa, for $26 million. The firm’s investment, made in 2003, earned it a 2x return. Press release: Emerging Capital Partners (ECP), an international private […]

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Actis Raises $2.9 Billion Emerging Markets Fund

By PEHub Administrator — 9 years ago

BEIJING, Dec 1 (Reuters) – Private equity investor Actis has closed a new $2.9 billion global emerging markets fund, exceeding its initial target of $2.5 billion, the firm said on Monday. It said the fund, Actis Emerging Markets 3 (AEM3), had won commitments from a diversified group of 100 investors from across the globe, including […]

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Emerging Markets PE Fundraising Tops $33b

11 years ago

Optimisim about emerging markets private equity appears to be continuing. EMPEA last week released its data tracking fundraising for emerging markets-dedicated private equity.  2006 saw 162 PE funds raise over $33 billion for emerging market regions, a 29% growth from 2005 levels of $26 billion and 5x the $6.5 billion raised in 2005. All regions witnessed at least double […]

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Prowling Emerging Markets

By Larry Aragon — 11 years ago

The world is flat indeed. PE funds targeting “emerging markets” surged last year, according to a new report by the Emerging Markets Private Equity Association. EMPEA says 162 PE funds focused on Asia, Eastern Europe, Latin America, the Middle East and Africa raised a little over $33B last year, up from about $26B raised by […]

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Emerging Managers Keep… Emerging

By Dan Primack — 11 years ago

I wrote here yesterday that a seed-stage fund called MentorTech Ventures just closed its inaugural fund. This was done in the context of today’s jaunt down to Philly (I should leave soon, since my plane does), because MentorTech focuses primarily on IT and medical device companies that originate within the University of Pennsylvania. But it also […]

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