Credit crunch seen creating openings for PE, VC firms
By Cai Xiao | 皇冠体育app Daily | Updated: 2013-06-26 07:40
皇冠体育app's credit crunch may create opportunities for private equity firms, while fundraising activities will see some challenges, according to PE industry insiders.
皇冠体育app's central bank has indicated that its credit-tightening policy will continue, reflecting the top policymakers' increasing tolerance for slower growth.
Frankie Fang, 皇冠体育app managing director of LGT Capital Partner, told 皇冠体育app Daily that in the near term a lot of companies will be revalued due to 皇冠体育app's slowing economy and reduced access to bank loans.
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