Drawing on the author's four decades of experience as a practitioner and academician working with private equity investors, entrepreneurs, and policymakers in over 100 developing countries around the world, this book uses anecdotes and case studies to illustrate and reinforce the key arguments for private equity investment in emerging economies.1. A Private Equity Primer 2. Private Equity Ecosystems: A Stark Contrast Between Developed and Developing Countries 3. The Private Equity Advantage: Operational Value Creation 4. Private Equity Performance Before the Global Financial Crisis 5. A Post-Crisis Assessment: New Opportunities and Challenges 6. China: Private Equity With Chinese Characteristics 7. Brazil: The Country of the Future 8. Kenya: Challenges and Opportunities in a Frontier Market 9. Looking Through a Crystal Ball
'For anyone with more than a fleeting interest in private equity in emerging markets, Roger Leeds' book is an invaluable resource. Private equity is so fundamentally different in emerging economies that it barely merits the same nomenclature. Leeds makes this clear and provides readers a roadmap for taking advantage of the opportunities these differences present. As he rightly points out, 'the case for private equity is even more compelling in developing countries, where alternative sources of capital and business expertise are relatively scarce.' He relays his insights through aptly chosen case studies' - Diana Noble, CEO, CDC
'Roger Leeds has written a definitive and broad-ranging review of the little-known but fast-growing field of private equity in emerging markets. Combining a historical perspective that few can match with an insider's understanding of the workings of financial markets and a globalist's appreciation of different countries and cultures, Leeds gives even the most expert reader something new, while providing newcomers with a foundation of understanding few could match. A worthwhile read for professional£Z