News & Analysis

Asian persuasion

Asian persuasion 2006-12-01 Staff Writer It's no surprise that the period from 2003 to 2005 saw a sharp upswing in funds devoted to emerging market plays, with much of the fundraising activity being driven by interest in emerging Asia. But the jump from 2004 to 2005 was significant, as was the number of diff

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It's no surprise that the period from 2003 to 2005 saw a sharp upswing in funds devoted to emerging market plays, with much of the fundraising activity being driven by interest in emerging Asia. But the jump from 2004 to 2005 was significant, as was the number of different vehicles devoted to a specific region. These figues from the Emerging Markets Private Equity Association only tally the funds that indicate a geographic investment focus, or focus on emerging markets exclusively. ?Global? funds without a focus on emerging markets are left out of the count. Source: EMPE

NOTES
(1)Total number of funds, not total amount of capital raised are indicative of overall growth in emerging markets funds and are not intended to be interpreted as exhaustive; sample includes information provided by EMPEA members, as well public sources. Vintage year designation is assigned according to year of first official close, meaning commitment threshold required to begin investing has been met.

(2) Latin America data revised from prior EMPEA estimates to exclude real estate funds

(3) Africa/Middle East data updated from prior EMPEA estimates. Excludes real estate and other funds not considered traditional private equity structures. Regions have been combined because many Africa and Middle East funds invest in North Africa.

(4)Asia excludes Japan, Australia and New Zealand

(5) CEE/Russia: 2003 data does not include Russia or non-EU accession states

Source: EMPEA (Emerging Markets Private Equity Fundraising)