- PE transaction activity was up 30% over Q1 but was still below 2011 averages.
- Fundraising was down 34% from Q1, and the majority of funds raised were for US-dollar-denominated vehicles.
- Exits have been down in recent quarters due to sluggish M&A markets and a difficult global IPO market.
- China's attractiveness for PE investment remains intact. Rising per capita incomes, increased consumerism and favorable demographics are the underpinnings for China's growth story.
Link to E&Y Private Equity Roundup - China report: http://www.ey.com/Publication/vwLUAssets/Emerging_markets_-_Private_equity_roundup_-_China/$FILE/Private_equity_roundup_China.pdf