Private Equity in Emerging Markets:
The New Frontiers of International Finance

Abstract

Emerging markets are becoming a major force in global private equity. Although investing in private equity in emerging markets has not been immune to evolutionary and transition challenges, international investors are attracted to the general storyline of private equity in emerging markets due to these regions’ rapid economic growth, their adaptability to economic downturns and evolving export conditions, favorable risk/return profiles, and strong returns. This article aims to provide a comprehensive overview of private equity in emerging economies.