Wednesday 30, July 2008 by
Emerging markets see increased fundraising
Emerging markets private equity fundraising is on track to significantly beat 2007 totals. Led by emerging Asia, 104 funds dedicated to investments in emerging markets raised more than $35 billion in capital in the first half of 2008, a 68 per cent increase over the amount raised during the same period in 2007, according to the Emerging Markets Private Equity Association (EMPEA). The total value of private equity funds raised in the first two quarters of 2008 exceeds the $33 billion raised during all of 2006.
