TY - JOUR T1 - Private Equity Investing in the Philippines JF - The Journal of Private Equity SP - 90 LP - 99 DO - 10.3905/jpe.2008.702793 VL - 11 IS - 2 AU - William Scheela AU - Edmundo S. Isidro Y1 - 2008/02/29 UR - https://pm-research.com/content/11/2/90.abstract N2 - This article analyzes the development of the private equity industry in the Philippines; a country characterized by the lack of fully-developed institutions needed to effectively support a vibrant private equity industry. We focus on the characteristics and challenges facing both venture capitalists and business angels and their respective investment performance. We found that because of the difficult investment climate in the Philippines, private equity investors have developed unique investment strategies. In general, business angels investing in the Philippines reported positive returns on their investments, while venture capitalists have reported generally negative returns.TOPICS: Private equity, emerging, performance measurement, quantitative methods ER -