According to a survey released by the Emerging Markets Private Equity Association on Wednesday, emerging-market private equity companies raised a combined total of US$10.8 billion in the first two quarters of 2013. The numbers represent a 52% fall in fund investments in the same period last year.
The decrease in funds collected and the decrease of the overall optimism in the region's investment environment came as the tempo of growth in emerging markets had now concerned the broader market. One such instance is the International Monetary Fund's recent downgrading of the growth estimate for emerging markets to 5.0% for the year 2013. The agency's previous forecast was 5.3%.
Emerging Markets Private Equity Association added in the report that emerging-market private-equity companies invested around US$95 billion across 360 deals between January and June this year. The statistic is equivalent to an 11% dip in capital invested in the same period last year.
"Funds of these sizes are well-positioned to take advantage of the wealth of middle-market investment opportunities available at smaller ticket sizes in these markets," Emerging Markets Private Equity Association chief executive officer and president Robert van Zwieten noted on the report.
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