Private-equity investments fall 50% world-wide
Wall Street Journal reports (subscription required):
Private-equity and venture-capital investment world-wide fell nearly 50% in 2001, but the volume in the Asian-Pacific region slid only 3.5%, according to a new report, the authors of which see Asia continuing to outperform other regions in 2002.
The annual report by London-based venture-capital firm 3i Group and PricewaterhouseCoopers put total global private-equity investment, including spending on company buyouts and restructuring, at $100 billion last year, compared with a high of $199 billion in 2000. In the Asian-Pacific area, the 2001 figure was $11.9 billion, compared with $12.33 billion the previous year.