PAST EVENT
Financial Entrepreneurs? Private Equity in Emerging Markets: Egypt and MENA region
Brown Bag Lunch
Series: Dubai Initiative Seminar
Open to the Public - Belfer Center Library, Littauer-369
March 2, 2010
12:15-1:45 p.m.
| Speaker: | Ayman Ismail |
Related Project: Dubai Initiative
Description:
Over the five year period between 2004 and 2008, private equity investments have grown exponentially in emerging countries - from $6 billion in 2004, to more than $66 billion in 2008. These funds were raised by more than 210 private equity funds and firms focusing on emerging markets. Private equity firms are becoming important actors in these countries: they act as a source of finance for new enterprises or existing ones; they act as owners and managers of portfolio companies; and they act as employers, both for management and labor. In our research, we focus on three key questions: (i) Why did private equity activities grow so much and so fast in emerging economies? (ii) How do private equity firms conduct their business activities throughout the private equity investment cycle? How similar or different are they from private equity practices in developed countries? Why? and (iii) How do private equity companies impact their portfolio companies? We also discuss the related policy issues and implications. In base our analysis on a case study of Egypt and the Middle East & North Africa (MENA) region.
Contact:
The Dubai Initiative
Kennedy School of Gov't
79 JFK Street, Box 134
Cambridge, MA 02139
Belfer Center for Science and International Affairs
Email: dubai_initiative@ksg.harvard.edu
Phone: 617-496-3694
Url: http://www.dubaiinitiative.org
