International Investments in Private Equity

Chapter 7. Private equity funds and cross-border acquisitions

Chapter Outline head

7.1. The internationalization of private equity fund investments141

7.1.1. Exporting the US venture capital model141

7.1.2. The internationalization of buyout funds144

7.2. Measuring cross-border investment flows in buyouts149

7.3. Comparing cross-border private equity fund investments with mutual funds155

7.4. Summary and conclusions157

Private equity plays an increasingly important role in financial intermediation in a growing number of countries. However, this says little about the extent to which the global private equity market has become more integrated. Some researchers (e.g., Megginson, 2004) have argued that regional private equity markets have developed ...