Jean Eric Salata, Hong Kong-based founding partner and CEO of Baring Asia, talks about the Baring Asia Private Equity Fund IV, a $1.52 billion private equity fund that the firm recently closed.
You target growing businesses in Asia with enterprise values between $100 million and $500 million. Why is that
The $100 million to $500 million range is where the most favorable supply-demand balance exits in Asia. If you look at deals over $500 million, there were only 27 such deals in Asia in 2007, and only four of these took place in China and India. Whereas if you compare this with deals in the $30...