Is private equity in emerging markets coming of age? Evidence of the mexican private equity market

For many years, practitioners and private equity enthusiasts have tried to explain why the private equity industry has not taken off in some emerging markets. There are several areas that have somewhat been addressed by different schools of thought over the years. Most of them focus on the same variables. The next paragraphs will try to address some of these theories. After that, I take a different approach by trying to disregard most of the preconceived ideas of why private equity has not worked in some emerging markets (and specifically in Mexico) and propose a new way of looking at the problem. © 2024 Palgrave Macmillan New York