EMPEA Insight

EMPEA Insight offers readers an overview of the data and drivers behind investment trends in emerging markets pri­vate equity. Each issue profiles funds, deals and exits in individual countries, regions, sectors attracting PE investments such as real estate and infrastructure. Every issue includes a list of firms active in that particular sector and/or market.

Recently Released: Middle East and North Africa (MENA)

March 2010 - Private equity activity in the Middle East and North Africa (MENA) region slowed in 2009. Funds dedicated to MENA raised a total of US$1.1 billion in 2009, from a record high of US$6.9 billion raised in 2008. Investments were similarly sluggish in 2009, although falling less steeply, at US$2.2 billion (34 deals) from US$3.4 billion in 2008 (67 deals). While 2009 was a challenging year for private equity globally, a number of opportunities have emerged for private equity firms in the MENA region. The IMF estimates that collective GDP growth in the region will rise to 4% in 2010, up from 2.2% in 2009, due to an increase in oil production alongside ongoing heavy government spending. To address massive infrastructure requirements, governments are spearheading projects ranging from roads, ports and power, and are actively looking for private partners. Additionally, many family-run firms are turning to private equity as a substitute for increasingly scarce credit and expansion financing.

EMPEA Members login to read the rest of the report. 

Advertising opportunities are available. Please click here to download EMPEA’s Ad Rate Card.

Previous Issues


EMPEA Insight: MENA (March 2010)
Publication Date: March 2010
Source: EMPEA
Private equity activity in the Middle East and North Africa (MENA) region slowed in 2009. Funds dedicated to MENA raised a total of US$1.1 billion in 2009, from a record high of US$6.9 billion raised in 2008. Investments were similarly sluggish in 2009, although falling less steeply, at US$2.2 billion (34 deals) from US$3.4 billion in 2008 (67 deals)...

EMPEA Insight: Central & Eastern Europe (CEE) (Jan/Feb 2010)
Publication Date: Jan/Feb 2010
Source: EMPEA
The private equity industry in Central and Eastern Europe (CEE), inclusive of Southeastern Europe and the Baltics, has faced a number of challenges over the past year. Institutional investors interested in building an emerging markets private equity allocation strategy have often first dipped their toes in the water with funds focused on CEE due to a lower perceived degree of risk based on the region’s economic ties to Western Europe.

EMPEA Insight: Latin America (ex-Brazil) (December 2009)
Publication Date: December 2009
Source: EMPEA
Latin America has undoubtedly been affected by the global financial downturn. Investment levels dropped dramatically in 2009, echoing the "wait and see" sentiment that has been playing out in other emerging markets. However, Latin America is no stranger to distress and the policies put in place following prior crises, such as the devastating debt crisis of the 1980s, have helped minimize the fallout.

EMPEA Insight: Sub-Saharan Africa (October 2009)
Publication Date: October 2009
Source: EMPEA
The Sub-Saharan African opportunity represents one of the biggest growth stories in emerging markets private equity. Once generally overlooked by investors, fundraising activity in Sub-Saharan Africa has almost tripled from US$800 million in 2005 to over US$2.2 billion in 2008.

EMPEA Insight: China (September 2009)
Publication Date: September 2009
Source: EMPEA
Investors continue to be extremely optimistic about China. The country’s growth story not only remains intact, but is also enabling China to ascend in the global economic order and lead other economies out of the financial crisis.

EMPEA Insight: India (July/August 2009)
Publication Date: July/August 2009
Source: EMPEA
Private equity activity in India has grown rapidly over the last five years, buoyed by a surging economy with annual growth rates averaging over 8.5% through the end of 2008.

EMPEA Insight: Brazil (June 2009)
Publication Date: June 2009
Source: EMPEA
Brazil continues to dominate Latin America’s private equity scene, drawing over 80% of the region’s fundraising capital and 40% of its investment dollars in 2008.

EMPEA Insight: MENA (May 2009)
Publication Date: May 2009
Source: EMPEA
Strong fiscal and economic policies among governments in the Middle East and North Africa (MENA), including ongoing heavy investment in local projects, have enabled the region to better weather the current global economic storm than many Western and other emerging markets. In addition, MENA economies benefit from sizable accumulated currency reserves, lower use of leverage and limited integration with global financial institutions.

EMPEA Insight: Infrastructure (April 2009)
Publication Date: April 2009
Source: EMPEA
Infrastructure is among the sectors poised to benefit during the global financial crisis. Private investment will play a growing role over the medium term, as governments in emerging economies look to leverage trade surplus-derived reserves...
fundraising, infrastructure, investments, infrastructure, deals, infrastructure, exits, infrastructure, fundraising infrastructure, exits infrastructure, deals infrastructure investments


EMPEA Insight CEE/CIS (March 2009)
Publication Date: March 2009
Source: EMPEA
Private equity investors face numerous and diverse challenges in the Central & Eastern Europe (CEE) and the Commonwealth of Independent States (CIS) regions in the current economic climate.
CEE/CIS fundraising, CEE/CIS investments, CEE/CIS deals, CEE/CIS exits, investments fundraising CEE/CIS CEE CIS deals


EMPEA Insight Real Estate (February 2009)
Publication Date: February 2009
Source: EMPEA
The real estate sector in emerging markets is drawing investment from a growing pool of capital, including both established private equity investors seeking real estate opportunities as well as a number of sector specialists who have adopted the private equity model.
real estate, fundraising, real estate, investments, real estate, deals, real estate, exits, real estate investment, real estate fundraising, real estate funds, real estate exits


EMPEA Insight: China (January 2009)
Publication Date: January 2009
Source: EMPEA
China’s private equity industry experienced unparalleled growth in 2008 with funds raised for China-dedicated funds increasing by 270% over 2007 totals, and capital invested rising by 18%. The rapid development of the asset class in China contrasts with ...
china fundraising, fundraising china, investments china, china investments, deals china, china deals, exits china, china exits, china, fundraising, china, investments, china, exits, china, deals, chinese investments, chinese funds, chinese, funds, chinese, investments


EMPEA Insight: Southeast Asia (December 2008/January 2009)
Publication Date: January 2009
Source: EMPEA
During 2007 and 2008, the private equity industry in the Southeast Asia region seemed to recover from the collapse of private equity there following the late 1990s financial crisis.
southeast asia, fundraising, southeast asia, investments, southeast asia, exits, southeast asia deals, southeast asia fundraising, southeast asia investments, southeast asia exits, southeast asia deals


EMPEA Insight: Latin America (November 2008)
Publication Date: November 2008
Source: EMPEA
The re-emergence of Latin American private equity that began in 2006 manifested in a fundraising surge in 2007 and 2008, during which time the region saw more PE capital raised than in the preceding five years combined (2002-2006).
latin america fundraising, latin america, fundraising, latin america investments, latin america, investments, latin american investments, latin american, investments, latin america exits, latin america exits


EMPEA Insight: Sub-Saharan Africa (October 2008)
Publication Date: October 2008
Source: EMPEA
Sub-Saharan Africa has emerged from a once overlooked region to an increasingly attractive destination for private equity investment. In 2007, Sub-Saharan Africa funds raised US$2.3 billion, falling just slightly from US$2.4 billion raised in 2006.
sub-saharan africa fundraising, sub-saharan africa, fundraising, sub-saharan africa investments, sub-saharan africa, investments, sub-saharan africa exits, sub-saharan africa deals, sub-saharan africa funds, sub-saharan africa, funds


EMPEA Insight: India (September 2008)
Publication Date: September 2008
Source: EMPEA
India rivals China as the destination of choice for private equity investment in emerging Asia. In 2007, India-dedicated funds raised US$4.6 billion versus China’s US$3.9 billion. During the first half of 2008, India funds had raised US$3 billion.
india fundraising, india, fundraising, india investments, india, investments, india exits, india, exits, india, deals, india deals


EMPEA Insight: MENA (August 2008)
Publication Date: August 2008
Source: EMPEA
Private equity is flourishing in the Middle East and North Africa (MENA). A combination of favorable demographic trends and rising commodities prices have made for strong GDP growth driving a growing array of investment opportunities.
fundraising MENA investments MENA deals MENA exits MENA, fundraising, MENA, investments, MENA, deals, MENA


EMPEA Insight: CEE/CIS (July 2008)
Publication Date: July 2008
Source: EMPEA
Capital commitments for private equity in CEE and CIS steadily increased from US$2.2 billion in 2003 to an outlier US$14.6 billion raised in 2007. Private equity investors are increasingly finding opportunities ...
CEE/CIS fundraising, CEE/CIS investments, CEE/CIS deals, CEE/CIS exits, investments fundraising CEE/CIS CEE CIS deals


EMPEA Insight: China (June 2008)
Publication Date: June 2008
Source: EMPEA
China’s private equity market has experienced rapid development since the country’s accession to the World Trade Organization in 2001.
Keywords: china fundraising china investments china exits china deals, fundraising, china, investments, china, exits, china, deals pituca


EMPEA Insight: Brazil (May 2008)
Publication Date: May 2008
Source: EMPEA
Brazil is leading the resurgence of renewed investor interest in private equity in Latin America, drawing nearly 60% of the private equity capital raised for Latin America PE funds in 2007.
Related keywords: fundraising exits invesments brazil fundraising brazil investments brazil exits brazil fundraising, brazil, brad pitt


EMPEA Insight: Cleantech (April 2008)
Publication Date: April 2008
Source: EMPEA
Global investments in cleantech reached US$148.4 billion in 2007, an increase of 60% over 2006, with private equity and venture capital accounting for US$9.8 billion, which represents a 34% increase versus 2006.
cleantech investments, cleantech, investments, cleantech, fundraising, cleantech fundraising, cleantech deals, cleantech, deals, cleantech exits, cleantech, exits