In recent years, access to capital in China was restricted, and the mismanagement of the economy (prior to reform) had taken its toll on the finances, operational capabilities, human resources, and technological know-how of local Chinese companies.
Private Equity in China sheds a much needed light on the opportunities that the Chinese finance market offers to private equity firms and reveals how these companies can position themselves strategically to survive and thrive in this dynamic marketplace.
No book on investing in China would be complete without providing insight into the political, macroeconomic, and financial landscape of the country. This vital resource offers an overview of the private equity industry with a special emphasis on the differences between investing in the West and in China. To help investors better understand the entire private equity investment cycle, the author has included information on the Inventis Private Equity Model-which gives a clear understanding of the investing dynamics from entry to exit-and provides an insightful review of the opportunities and pitfalls afforded by the newly popular investment vehicle, the Renminbi Private Equity Funds.
Private Equity in China's succinct cases illustrate the flourishing and failed ventures of private equity firms operating in China and explore the myriad challenges faced by private equity firms in setting up new funds. Using this important book, investors can tap into the author's valuable experience and keen insights about acquiring companies and turning them around.
Drawing on mature observations and an understanding of the more mature private equity market in Western countries, this book looks at the way forward for the Chinese industry and developing companies into "Chinese giants" in the world market.
Learn valuable lessons from the newly successful private equity players in China and explore the challenges and opportunities offered in Chinese markets
The first book to deal with private equity finance in China, Private Equity in China: Challenges and Opportunities provides much-needed guidance on an investment concept that has so far proved elusive in Asia. Focusing on the opportunities that the Chinese finance market offers to private equity firms, the book shows how these firms can strategically position themselves in order to maximize success in this new marketplace.
Private Equity in China includes in-depth case studies illustrating both successful and failed ventures by private equity firms operating in China, outlining the challenges faced by private equity firms in setting up new funds. It contains a collection of valuable experience and insights about acquiring companies and turning them around essential for any firm currently operating in, or considering entering, the Chinese market.
* Discusses the challenges faced by private equity firms in China including setting up the initial fund, fund raising, deal sourcing, deal execution, and monitoring and exit strategies
* Provides key insights drawn from keen observations and knowledge of the more mature private equity market in Western countries, analyzing the way forward for the Chinese private equity industry
* Discusses the role of renminbi-denominated funds in the development of the private equity industry in China
Breaking new ground in exploring and explaining the private equity market in China, the book offers incredible new insight into how equity companies can thrive in the Chinese marketplace.
Kwek Ping Yong
Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlage Kapitalanlagen u. Wertpapiere