This book investigates the industry of private equity in China by documenting its development and identifying challenges underlying the industry. In particular, the book compares and contrasts the institutional factors in China to understand the unique social and economic drivers of private equity in China and the value creation.
The book highlights key challenges of private equity which are the dominant government role in China, the lack of business talents and immaturity of financial institutions and markets. Given these constraining factors, key business strategies for private equity will need to address the following concerns: first, to create value to the companies in a competitive market by providing industry upgrade, productivity improvement and innovative technology; second, to originate deals by helping the government to achieve public goals of restructuring and integrating segmented industries and accelerating globalization and modernization of businesses; third, seek investment opportunities to complement immature financial markets.
The book is a must read on private equity in China.
1. Private Equity Business and its Development in China 2. Business Environment for Private Equity Business in China 3. Political Environment for Private Equity Businesses 4. Analysis of the Fund Raising Activity in China for Private Equity 5. Analysis of the Investment Activity of Private Equity 6. Analysis of Activity of Private Equity in China 7. Conclusion