Chinese #PrivateEquity Firms Flex Their Muscles #CathyChan @bloombergnews @resilient_ent

Not that long ago, Blackstone Group (BX), TPG Capital, Goldman Sachs Group (GS), and other foreign buyout specialists had little trouble muscling out local rivals for deals in China.

Today, Chinese firms dominate the private equity landscape. Investments by Chinese firms in the world’s second-biggest private equity market rose to $7.8 billion last year, overtaking for the first time the $7.4 billion that came in from U.S. and European funds, according to Asian Venture Capital Journal.

READ MORE VIA @BLOOMBERGNEWS #CathyChan benny quetell @resilient_ent resilient media entertainment private equity

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