Asia energy: Oil angle
The continued growth of the Asia economies means increased demand for energy. Major Asian countries and corporations are rising to the challenge and paying top dollar for almost every oil and gas interest they can lay their hands on - not to mention extraction and production technologies. With relatively smaller war chests and shorter investment horizons, private equity may not be as competitive in such transactions.
According to AVCJ Research, there have been 82 private equity-related transactions in Asia's energy space in the last three years, totaling $8.6 billion. This compares with $168 billion across 490 deals...
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