Why small PE funds offer better value for EM plays
With uninvested capital levels hitting all-time highs and valuations rising, private equity investors may be able to find better value among small-to-mid-cap emerging market funds.

Private equity valuations are rising as managers are forced to compete more aggressively to deploy record amounts of capital, but there is better value in the small-to-mid-cap funds space, especially in emerging markets, where the pressure is less intense, say some market participants.
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