Data & Intelligence

Year-End 2016 Emerging Markets Private Capital Industry Statistics

Key Takeaways:

1. Private Capital Activity Increased in Select Key Markets Beyond the BRICs. Fundraising for Turkey-focused vehicles was the highest since 2012, while disclosed capital invested in Mexico doubled and deals completed increased 40%.

2. Private Credit Fund Managers Raised a Record Amount of Capital. Private credit fund managers raised US$5.9B in 2016, the highest total recorded by EMPEA since it began tracking fundraising in 2006.

3. Venture Capital Deals Slowed, While Fundraising Continued to New Heights. VC investment activity declined in 2016, due largely to a slowdown in Emerging Asia; fundraising, however, climbed to US$9.8B, the highest level on record.

4. Oil & Gas Investment Recovered Across EM Regions. Published 20 February 2017. After a down year, capital invested in the oil & gas sector recovered in 2016; consumer services investments, which has mirrored buoyant VC activity, fell by deal count and capital invested.

5. Large Funds’ Weight in EM Fundraising Persisted. Capital raised by large funds can dramatically impact headline fundraising totals; moreover, fewer small funds were raised in 2016, continuing a multi-year trend.

EMPEA Members log in to receive exclusive access to the detailed report (PowerPoint) and underlying data (Excel). The report includes fundraising and investment totals by region, country, sector and strategy; tables of the largest funds and investments; Cambridge Associates’ performance benchmarks; and more.

EMPEA has served as a useful reference platform for CDPQ by helping to define the eligible universe of fund managers in growth markets. Membership provides background data and a...

Rashad Kaldany | Executive Vice-President and Growth Markets, CDPQ

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Managing Director, The Carlyle Group