Private equity firms ramped up the level of minority investments in Chinese and Indian companies in the first half of the year amid a fall in buy-out opportunities in Asia and beyond, according to a study. The total value of investments by private equity firms in deals involving a stake purchase but not a change in control climbed almost 20% in both China and India, according to the Centre for Asia Private Equity Research. The surge contrasts with the total value of buy-out investments, which fell 35% in China and 85% in India – underscoring the opportunities in Asia for private equity firms outside the traditional buy-out arena.
