India has emerged as the most favoured private equity destination attracting $1,239.22 million worth investments in January, surpassing Asian giants like China and Japan, a study says.
India ranks top in terms of PE investments in January-February and has left behind Asian giants like China with $ 609 million and Japan with USD 980 million, according to a report by Asian Venture Capital Journal (AVCJ).
The report, on Asia-Pacific emerging as the most attractive region for investment said, the total Asian private equity capital under management rose by almost 30 per cent in 2006 to $158 billion as compared to $122 billion in 2005.
“It was a watershed year for Asia pacific (private equity),” KPMG Partner and COO for Advisory in Asia Paul Borough commented on the PE investment trend in 2006.
Source : India Daily