Private Equity in China: Heating up, but ‘Veiled in Uncertainty’

The outlook in China for private equity (PE) investors to earn acceptable returns remains uncertain following the recent reopening of the initial public offering (IPO) market after a 15-month freeze. Wharton experts predict tough days ahead for PE investors in the country as price wars for attractive investment opportunities threaten to erode the outsized returns PE firms typically seek.

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