EM Private Equity Continues To Perform

December 8 brought further evidence to back up CFWs view on the opportunities for private equity in EM, when CCMP Capital Asia confirmed that it had raised US$1.2bn for its third buyout fund despite tight capital, high volatility and sliding valuations. CCMP Capital Advisors is the PE group spun out of erstwhile investment bank JP Morgan in 2006, and which will be known as Unitas Capital as of January 30, ending its association with CCMP. CEO Andrew Liu confirmed that 'the fact that we were able to close our third fund amidst current market conditions is indicative of the confidence our core blue chip investor base has in the firm'.

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