Domestic funds take 60% of PE deals
By Louise Ho |
April 19, 2012, Thursday
|
Print Edition
Print Edition
Domestic investors took a 60 percent share in the volume and value of private equity deals in China last year, said a report released yesterday.
In 2011 there were 173 PE deals worth a record US$15.2 billion sealed in China, Bain & Co said in the report.
It revealed that domestic investors comprised 60 percent of the deals, surpassing foreign investors for the first time, said the report, which tracked PE investments between 2000 and 2011 by foreign and Chinese investors.
The report showed that the value of the domestic funds doubled to 44 percent last year from 2010 and is catching up fast with the value of foreign deals. About 70 percent of the PE funds in China were in yuan and the rest in US dollar, the report added.
"We find that China, in spite of a downturn, remains a potent economic engine with significant capital needs that cannot be met in the public markets," said Vinit Bhatia, partner and head of Bain China's private equity practice. "As this dynamic continues to play out, we expect to see the continued rise in 2012 of domestically-led funds providing primarily growth capital for more and larger deals."
In 2011 there were 173 PE deals worth a record US$15.2 billion sealed in China, Bain & Co said in the report.
It revealed that domestic investors comprised 60 percent of the deals, surpassing foreign investors for the first time, said the report, which tracked PE investments between 2000 and 2011 by foreign and Chinese investors.
The report showed that the value of the domestic funds doubled to 44 percent last year from 2010 and is catching up fast with the value of foreign deals. About 70 percent of the PE funds in China were in yuan and the rest in US dollar, the report added.
"We find that China, in spite of a downturn, remains a potent economic engine with significant capital needs that cannot be met in the public markets," said Vinit Bhatia, partner and head of Bain China's private equity practice. "As this dynamic continues to play out, we expect to see the continued rise in 2012 of domestically-led funds providing primarily growth capital for more and larger deals."
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
