Chapter 9. Regional integration: the case of Europe
9.1. European financial integration184
9.3. Why has Europe’s private equity market not become more integrated?196
9.4. Summary and conclusions199
In the two preceding chapters, we have discussed interregional fund-raising and investment flows to understand the emergence of new investment opportunities in increasingly integrated private equity markets. National markets may also integrate with the region where they are located. In this chapter, we focus on intraregional flows and the degree of regional market integration. For GPs, the ...