Data & Intelligence
2010 EMPEA/Coller Capital Emerging Markets Private Equity Survey
Posted On: 19 Apr 2010
Institutional investors increasingly believe that emerging markets are attractive for private equity investment, both on a standalone basis and relative to more developed markets, according to the 2010 EMPEA/Coller Capital Emerging Markets Private Equity Survey:
Key findings include:
- Over half (57%) of limited partners (LPs) currently invested in EM PE plan to accelerate their new commitments over the next two years.
- Emerging markets’ share of LPs’ PE investment will continue to grow, with total commitments to EM PE funds expected to rise from 6-10% today to 11-15% in two years’ time.
- Over three-quarters (77%) of LPs expect annual net returns greater than 16% from their EM PE portfolio (compared with 29% of LPs who expect similar returns from their global PE portfolio).
- Nearly three-quarters (70%) of LPs are either satisfied or very satisfied with the performance of their EM PE portfolio relative to that of their listed EM equities.
- 61% of LPs view the alignment of their EM PE managers as just as strong as that of their developed market GPs, and an additional 23% of LPs see a greater alignment with their EM GPs.
Rashad Kaldany | Executive Vice-President and Growth Markets, CDPQ
David Rubenstein | Co-Founder and Managing Director, The Carlyle Group