PT  - JOURNAL ARTICLE
AU  - Kathleen Ng
TI  - Tone Change
AID  - 10.3905/jpe.2013.16.4.087
DP  - 2013 Aug 31
TA  - The Journal of Private Equity
PG  - 87--92
VI  - 16
IP  - 4
4099  - https://pm-research.com/content/16/4/87.short
4100  - https://pm-research.com/content/16/4/87.full
AB  - The chorus for China private equity is no longer merry. Investors are frustrated with private equity in China, and they have been unreserved in voicing disappointment. At a recent conference in the United States, Mr. David Bonderman, a founder of TPG, described China as “a more difficult place than most.” In the following month, at an industry gathering in Hong Kong, a number of general partners echoed Mr. Bonderman’s disenchantment with China. As double-digit growth in China takes a hiatus, private equity investors have found it difficult to repeat their past illustrious results.TOPICS: Private equity, emerging, equity portfolio management