With growth slowing, industry know-how seen as key to PE firms’ future

December 27, 2016

December 27, 2016

Industry know-how, self-discipline and post-investment management are vital for private equity investors in China when economic growth is slowing, a senior executive of Kohlberg Kravis Roberts & Co LP has said.

David Liu, CEO of KKR China, said it is more difficult to find a good deal when China’s economy is transforming to new normal, so deep industry understanding should be important for private equity investors. Liu was speaking at the China Venture Capital and Private Equity Association’s annual summit in Beijing earlier this month.  Read more

Source: China Daily