China repays private equity investors’ faith
Emerging-market PE returns fell in 2015 despite a storming fourth quarter, says Cambridge Associates, with Chinese assets outperforming and media the clear leader by sector.
Returns from emerging-market private equity and venture capital funds beat those of non-US developed market PE and VC funds and of EM public markets last year, but were well down on 2014, according to investment consultancy Cambridge Associates.
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