Fund Administration
Fund administrators open doors on new territories: Until
recently, private equity fund
administrators concentrated
almost exclusively on serving
clients in more developed markets.
But the emerging markets
fundraising explosion has
changed all that.
West Africa gets exciting
Funds are flowing steadily into West Africa as its
investment prospects increase and political and
economic forces stabilise. Some opportunities are
domestic, but the real prize is to create regional
success stories.
India: a bumpy ride
As international PE firms continue to pile into
India their presence is bring felt increasingly by the
Indian government, which has so far responded by
reducing the attractiveness of the tax regime and
more recently with talk of capping their spend in the
country.
Poland: good times set to continue
Poland was the biggest early magnet for PE investors
in the CEE, but more recently attention has shifted
to new markets like Ukraine and Russia. What does
Poland need to do in order to maintain investment
flows.
Colombian gold
The Marxist rebels are on their knees, the middle
class is booming, and local and global funds are
lining up to cash in on Colombia. The country that a
few years ago was “untouchable” is the new hotspot
for Latin American private equity.
Bahrain banks jump into PE
Boasting one of the most long-standing and
developed financial centres in the Gulf region,
Bahrain has recently seen a rapid rise in the number
of investment banks setting up there.
May / June movers include:
Jefferies International Limited,
the UK subsidiary of US-based
Jefferies Group, Inc, has hired
Sidharth Punshi as a managing
director and country head in
India.
Punshi joins from Goldman
Sachs where he was executive
director, head of European IT
services and software sector in
the technology, media and telecommunications
investment
banking group.
May / June data include:
PE & VC venture financings across emerging private equity market + April and
May 08 emerging market venture & buyout investment activity and emerging market trade sale activity - sourced from CapitalIQ + and more.