O'Melveny & Myers attorneys provide detailed coverage of the new SEC rule targeting pay-to-play activity in the investment advisory industry. The new rule includes a two-year ban on compensation for advisory services, prohibitions on “conduiting,” political fundraising and the use of unregistered third-party solicitors, and recordkeeping requirements for political… Read More
Brazil’s economic performance over the last two years has inspired tremendous optimism among investors circling Latin America’s largest economy for opportunities. The International Monetary Fund projects that Brazil’s economy will grow 5.5% in 2010. The confidence in Brazil’s future is echoed by institutional investors. For the second year in… Read More
Approximately 25 private equity funds dedicated to cleantech investing in emerging markets have been launched since January 2009, although EMPEA estimates that emerging markets drew less than 15% of total private equity investment in cleantech per year in both 2008 and 2009. However, emerging markets are ascending as leaders… Read More
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… Read More
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… Read More
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,… Read More
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. Read More
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. Read More
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. … Read More
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. Read More
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