PT - JOURNAL ARTICLE AU - Darek Klonowski TI - Venture Capital in Privatization Deals in Emerging Markets AID - 10.3905/jpe.2007.699060 DP - 2007 Nov 30 TA - The Journal of Private Equity PG - 84--92 VI - 11 IP - 1 4099 - https://pm-research.com/content/11/1/84.short 4100 - https://pm-research.com/content/11/1/84.full AB - The venture capital industry in Poland represents one of the most dynamic investment markets in the emerging economies of Central and Eastern Europe (CEE). However, in spite of significant growth of the private sector, the most significant source of deals came from privatizing state-owned firms. This article describes the process of investing in a state-owned firm by five venture capital funds operating in the CEE region. It focuses on some unique challenges related to investing in these types of firms.TOPICS: Private equity, emerging, other real assets, technical analysis