Analysis of investment prospects for Chinese private equity firms in the U.S. market

Abstract

With the wealth and experience accumulated during the past decade, Chinese private equity (PE) firms have emerged as active investors in cross-border acquisition deals. Ambitious global expansion plans of Chinese companies and a supportive regulatory environment further boost the demand for such deals. This thesis examines prospects for such firms to invest in the United States (U.S.), the world's best-established PE market. It analyzes the demand of Chinese PE firms to make global investments, competitiveness of these firms, and the feasibility of investing in the U.S. market. This thesis focuses on privately-held firms as opposed to sovereign wealth funds.