RT Journal Article SR Electronic T1 Tone Change JF The Journal of Private Equity FD Institutional Investor Journals SP 87 OP 92 DO 10.3905/jpe.2013.16.4.087 VO 16 IS 4 A1 Kathleen Ng YR 2013 UL https://pm-research.com/content/16/4/87.abstract 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