Private Equity in China: Challenges and Opportunities

Valuable lessons from newly successful private equity players in China

‘Private Equity in China: Challenges and Opportunities’ contains an accumulation of valuable experience and insights about acquiring companies, turning them around, improving operations and developing companies into “Chinese giants” on the world market.

In this book, author Yong Kwek Ping, the CEO of Inventis Investment Holdings (China) Co Ltd, examines China's rapid growth, expanding openness, and developing consumer market have made the region a hotbed of opportunity-and risk-for today's multinationals. According to Yong, “As Chinese companies become increasingly sophisticated and mature in their conduct of business to expand regionally and globally, the need to tap on to capital has never been more urgent.”

Yong added, “Even with the stimulus package that the Chinese government has implemented, many firms still struggle to tap on to capital markets. Private equity has emerged as a viable and important source of capital for Chinese markets in recent times. Yet, private equity as an asset class has often been misunderstood not just in Western markets but more so even in Chinese markets.”

‘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.

Business leaders can learn from successful private equity players and other top value builders operating in China and the challenges and opportunities that private equity offers in China.

Lessons in this book include:

• In depth case studies of successful and failed ventures of private equity firms operating in China.
• The challenges faced by private equity firms in terms of setting up the fund, fund raising, deal sourcing, deal execution and monitoring and exit strategies.
• The opportunities that the Chinese market offers to private equity firms and how private equity firms can position themselves strategically to take advantage of these opportunities.
• Discussions on the role of renminbi denominated PE funds in the development of the PE industry in China.

Drawing from keen observations and insights of the more mature PE market in Western countries, this book would also analyze the way forward for the Chinese PE industry.