Private Equity Investing in Emerging Markets: Risk and Opportunities — HKUST IEMS & IPP – EY Emerging Market Insights Series

Published on: 2017-10-14

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About the Event

Private equity is endowed with a number of specific characteristics that sharply distinguish it from all other sources of capital available to private firms. In contrast to most Western countries, the companies targeted by most private equity investors in developing countries reside in the so-called “missing middle” — a vast universe of under-served, growth oriented small and mid-size businesses. Drawing from his recently published book “Private Equity Investing in Emerging Markets, Opportunities for Value Creation”, Prof Leeds will explain why the case for this specialized investment mechanism is even more compelling in developing countries, where alternative sources of medium-and long- term capital and specialized business expertise are relatively scarce.

About the Speaker

Roger Leeds is a Professor at the Johns Hopkins School of Advanced International Studies (SAIS) and Director of the School’s Center for International Business and Public Policy. He also has taught at Wharton Business School, University of Pennsylvania and Columbia University’s Graduate Business School. He was the founding Chairman of the Emerging Markets Private Equity Association (EMPEA), a global industry association that conducts research and outreach on private equity investing in developing countries. Professor Leeds also is co-founder of the Leadership Academy for Development, an organization that designs and runs intensive training programs for government officials and business leaders in developing countries focused on public policy initiatives to strengthen private sector performance. Earlier in his career Dr. Leeds spent two years at Harvard’s Kennedy School of Government, teaching and heading a research project on privatization in developing countries.

Prior to joining the SAIS faculty, Dr. Leeds worked as an international finance practitioner for 25 years, including positions as an investment banker at Salomon Brothers, a senior staff member of the International Finance Corporation (World Bank), a partner at KPMG in charge of the firm’s global privatization practice and co-head of the emerging markets practice at a based private equity firm. His publications include Private Equity Investing in Emerging Markets, Opportunities for Value Creation (which in 2017 will be translated into Chinese), Financing Small Enterprises in Developing Countries, and more than 30 articles and book chapters. Dr. Leeds has been a guest commentator on various radio and television programs, including CNN, Bloomberg News, CBS News, CNBC, and National Public Radio, and is a member of the Council of Foreign Relations in New York, He received his undergraduate degree from Columbia University, and his M.A. and PhD from Johns Hopkins University (SAIS).


This talk is a part of the HKUST IEMS – EY Emerging Market Insights Series. It is presented by HKUST IEMS with support by EY. Check out the next event in the series at http://iems.ust.hk/insights.

Past Event in the series

 


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Photo by Arne Hoel / The World Bank/ Flickr. CC.  https://flic.kr/p/rkxb2b

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