Dr. Bill Belew
Issue IV - July 7, 2006
Introduction by Mr. Stolyarov:
Dr. Belew shares some information of the most lucrative sectors
for investment in Asia. Dr. Belew explains the state of growth capital
and venture capital funds in Asian countries, as well as the emergence
of corporate buyouts there.
I attended a recent Investment in China and India Summit hosted by
Financial Research Associates.
I will use this forum to share some of insights that were given at this
summit for the benefit of those hoping/thinking/planning on investing in
an Asian country -- China, India, or Japan.
Growth Capital- Dominant type of fund in Asia by number,
especially in country-focused funds; focused on backing firms that are
already established but are looking for capital to support strong
Buyouts- True control buyouts are a more recent phenomenon in
Asia. Most funds focused on buyouts are larger Pan-Asian funds or are
targeting Japan or Australia. Most Pan-Asian funds are subsidiaries or
sister funds of established US or European private equity firms.
Venture Capital- Very few locally based early-stage-only
funds, as the market is more focused on later-stage deals.
A number of US-based Venture Capital firms are founding Asian joint
ventures or subsidiaries.
Dr. Bill Belew is a former Intelligence
Officer for a Destroyer Squadron. He lived 20 years in Japan, where he
started a language school for Japanese
Dr. Belew teaches classes for a vocational school and online for a
See Dr. Belew's blog,
for news and discussions about business and current events in Russia and
for Dr. Belew's reports on business in China,
on business in Japan, and
TheBizofKnowledge on business education.
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