Impacts of COVID-19 Crisis on Private Equity Funds in Emerging Markets

The role traditionally played by Private Equity Fund (PE Fund) investments in supporting private sector development in Emerging Markets (EMs) is being challenged by the COVID-19 pandemic. This note assesses how PE Funds in EMs may evolve as a resul...

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Main Authors: Strusani, Davide, Verma, Priyanka, Manenti, Giorgio
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/618111614577934482/Impacts-of-COVID-19-Crisis-on-Private-Equity-Funds-in-Emerging-Markets
http://hdl.handle.net/10986/35232
id okr-10986-35232
recordtype oai_dc
spelling okr-10986-352322021-04-23T14:02:19Z Impacts of COVID-19 Crisis on Private Equity Funds in Emerging Markets Strusani, Davide Verma, Priyanka Manenti, Giorgio CORONAVIRUS COVID-19 PRIVATE EQUITY FUND EMERGING MARKET ECONOMIES PANDEMIC IMPACT PRIVATE INVESTMENT The role traditionally played by Private Equity Fund (PE Fund) investments in supporting private sector development in Emerging Markets (EMs) is being challenged by the COVID-19 pandemic. This note assesses how PE Funds in EMs may evolve as a result of the COVID-19 crisis, focusing on the Growth Equity and Venture Capital (VC) asset classes. Growth Equity funds, which focus on accelerating investees’ growth through operational enhancements, account for a significant share of PE Fund investments in several developing regions, while VC funds are a fast-growing vehicle in certain EMs and present specific opportunities related to technology and digitization in the context of the COVID-19 crisis. This note also discusses how selected ‘megatrends’ may impact these two asset classes in the medium term, along with opportunities for the industry and for enhanced DFI support. The intended audience for this note is international development practitioners, private equity professionals in emerging markets, and capital market analysts. 2021-03-10T16:46:31Z 2021-03-10T16:46:31Z 2020-06 Brief http://documents.worldbank.org/curated/en/618111614577934482/Impacts-of-COVID-19-Crisis-on-Private-Equity-Funds-in-Emerging-Markets http://hdl.handle.net/10986/35232 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CORONAVIRUS
COVID-19
PRIVATE EQUITY FUND
EMERGING MARKET ECONOMIES
PANDEMIC IMPACT
PRIVATE INVESTMENT
spellingShingle CORONAVIRUS
COVID-19
PRIVATE EQUITY FUND
EMERGING MARKET ECONOMIES
PANDEMIC IMPACT
PRIVATE INVESTMENT
Strusani, Davide
Verma, Priyanka
Manenti, Giorgio
Impacts of COVID-19 Crisis on Private Equity Funds in Emerging Markets
description The role traditionally played by Private Equity Fund (PE Fund) investments in supporting private sector development in Emerging Markets (EMs) is being challenged by the COVID-19 pandemic. This note assesses how PE Funds in EMs may evolve as a result of the COVID-19 crisis, focusing on the Growth Equity and Venture Capital (VC) asset classes. Growth Equity funds, which focus on accelerating investees’ growth through operational enhancements, account for a significant share of PE Fund investments in several developing regions, while VC funds are a fast-growing vehicle in certain EMs and present specific opportunities related to technology and digitization in the context of the COVID-19 crisis. This note also discusses how selected ‘megatrends’ may impact these two asset classes in the medium term, along with opportunities for the industry and for enhanced DFI support. The intended audience for this note is international development practitioners, private equity professionals in emerging markets, and capital market analysts.
format Brief
author Strusani, Davide
Verma, Priyanka
Manenti, Giorgio
author_facet Strusani, Davide
Verma, Priyanka
Manenti, Giorgio
author_sort Strusani, Davide
title Impacts of COVID-19 Crisis on Private Equity Funds in Emerging Markets
title_short Impacts of COVID-19 Crisis on Private Equity Funds in Emerging Markets
title_full Impacts of COVID-19 Crisis on Private Equity Funds in Emerging Markets
title_fullStr Impacts of COVID-19 Crisis on Private Equity Funds in Emerging Markets
title_full_unstemmed Impacts of COVID-19 Crisis on Private Equity Funds in Emerging Markets
title_sort impacts of covid-19 crisis on private equity funds in emerging markets
publisher International Finance Corporation, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/618111614577934482/Impacts-of-COVID-19-Crisis-on-Private-Equity-Funds-in-Emerging-Markets
http://hdl.handle.net/10986/35232
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