The Rising Tide of Chinese RMB Funds

International investors and managers have demonstrated increasing levels of interest in RMB funds as vehicles for investing into China. This article reviews the differences between foreign-funded and purely domestic RMB funds and offers insight into recent regulatory changes that have established the QFLP program and allowed investment by insurance… Read More

Long Way Home – Dismantling a Red Chip Structure

Traditionally, international private equity houses making growth capital investments in Chinese businesses have invested via an offshore holding company. Together these holding companies are referred to as a “quasi red chip” corporate structure. In recent months, investors attracted by the substantially higher P/E ratios offered by the A-share market… Read More

EMPEA Insight: India (Aug. 2010)

Boasting one of the most dynamic private equity industries among the emerging markets, India draws an ever-growing number of investors willing to brave the country’s regulatory and infrastructure hurdles in order to gain exposure to some of the most favorable economic growth and demographic trends to be found anywhere… Read More

EMPEA Insight: Cleantech (April 2010)

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

EMPEA Insight: China (Sep. 2009)

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

EMPEA Insight: China (Jan. 2009)

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 …… Read More

EMPEA Insight: India (Sept. 2008)

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. Read More



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