Limited Partners' Perceptions of the Central Eastern European Venture Capital and Private Equity Market
Posted: 22 May 2019
There are 2 versions of this paper
Limited Partners' Perceptions of the Central Eastern European Venture Capital and Private Equity Market
Limited Partners' Perceptions of the Central Eastern European Venture Capital and Private Equity Market
Date Written: August 1, 2009
Abstract
Growth expectations and institutional settings in Central Eastern Europe are assumed favorable for the establishment of vibrant Venture Capital and Private Equity markets. However, there is only a little risk capital market activity in the region. We examine the obstacles to institutional investments in Central Eastern Europe through a questionnaire addressed to Limited Partners world-wide. The respondents provide information about their perceptions of the region. The protection of property rights is the dominant concern, followed by social criteria, such as the belief in the entrepreneurial management quality of local people, and the lacking size and liquidity of the Central Eastern European capital markets. However, Limited Partners appreciate the growth expectations and the deal opportunities, and rank the region as attractive as India, and China.
Keywords: Venture Capital, Private Equity, CEE, International Asset Allocation, Institutional Investors
JEL Classification: F3, G23, G24, P2
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
By Steven N. Kaplan and Per Strömberg
-
By Steven N. Kaplan and Per Strömberg
-
Venture Capital and the Structure of Capital Markets: Banks Versus Stock Markets
By Ronald J. Gilson and Bernard S. Black
-
Money Chasing Deals?: The Impact of Fund Inflows on Private Equity Valuations
By Paul A. Gompers and Josh Lerner
-
Private Equity Performance: Returns, Persistence and Capital Flows
-
Private Equity Performance: Returns, Persistence and Capital
-
The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?
-
Venture Capital and the Professionalization of Start-Up Firms: Empirical Evidence
By Thomas F. Hellmann and Manju Puri