Seventy-five percent of private equity investors plan to increase the value of their new commitments to emerging markets private equity over the next two years, according to the just-released results of the Emerging Markets Private Equity Association's eighth survey.
(For the past three years, EMPEA, a trade group, has conducted its annual limited partner survey with Coller Capital, a London-based investment management firm that invests in the private equity secondary markets.)
By comparison, 66% planned to increase the value of their new commitments to emerging markets private equity in the rolling 2011-2012 period.
Only 23% of the limited partner respondents anticipate they will expand their investments in developed markets over the same time period.
Pension fund survey respondents made “significant strides in terms of commitments,” said Jen Choi, vice president of industry and external affairs at EMPEA. Ms. Choi said 11% of their private equity portfolios is in emerging markets, up from less than 6% in 2010.
The survey was conducted from mid-December through mid-February; 106 limited partners, including pension plans, sovereign wealth funds and funds of funds participated.
