Private equity firms have already raised $22.6 billion across 89 funds for emerging markets by June this year, and are on course to reach $40 billion, according to research from trade body the Emerging Markets Private Equity Association. The amount is only just shy of the $23.5 billion raised in the whole of 2010, demonstrating the increasing interest in these developing markets by investors.
Emerging market fundraising accelerates
Fundraising by firms targeting emerging markets is accelerating, says trade body EMPEA, which predicts the total will reach $40bn by year end, almost double the $23.5bn raised in the whole of 2010.