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Private equity in developing nations

Author

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  • Arindam Banerjee

    (SP Jain Center of Management)

Abstract

Information about private transactions is often limited; hence, analysing their developments in the emerging markets becomes more difficult. The paper tries to establish a threefold relationship. It examines the importance of emerging markets in the global context within the realm of the BRIC economies, the role of capital market in the overall development of an economy and the relevance of private equity (PE) in boosting a country's capital market. It examines the various reasons for the PE market's explosive growth over the past 15 years in a phased manner and highlights the main characteristics of that growth. The paper aims to understand in a comprehensive manner the importance of PE investments in boosting the size of a nation's capital market and its overall impact in the context of developing nations, with an added focus on India. The paper draws the data primarily from trade journals.

Suggested Citation

  • Arindam Banerjee, 2008. "Private equity in developing nations," Journal of Asset Management, Palgrave Macmillan, vol. 9(2), pages 158-170, July.
  • Handle: RePEc:pal:assmgt:v:9:y:2008:i:2:d:10.1057_jam.2008.12
    DOI: 10.1057/jam.2008.12
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    References listed on IDEAS

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    Cited by:

    1. Portmann, David & Mlambo, Chipo, 2010. "Private equity and venture capital in South Africa: A comparison of project financing decisions," MPRA Paper 42892, University Library of Munich, Germany, revised 16 Nov 2012.
    2. Ravi Kashyap, 2019. "Michael Milken: The Junk Dealer," Papers 1910.13882, arXiv.org.
    3. Olabanji Oni, 2017. "Determinants of Venture Capital Supply in Sub-Saharan Africa," Journal of Economics and Behavioral Studies, AMH International, vol. 9(4), pages 87-97.

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