India tops with 160 PE fund houses, China has 115
India has the most number of private equity (PE) funds operating amongst the BRIC markets, considered the emerging hotbed of PE action. According to Emerging Markets Private Equity Association (EMPEA) estimates, there are some 89 VC/PE firms managing 153 funds in Brazil, about 28 firms in Russia and 115 in China while India has over 160 firms.
The Economic Times
http://economictimes.indiatimes.com/
India_tops_BRIC_markets_in_PE_funds/
articleshow/2700237.cms
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