RIO DE JANEIRO The global private equity industry will focus more on emerging markets in coming years as Brazil and China become the leading global recipients of capital from the sector, a senior industry executive said on Monday.

There will also be more listed buyout firms in the years ahead and players will focus on "value creation," or active management of investments, rather than macroeconomic trends or debt to make acquisitions, said David Rubenstein, co-chief executive officer of Carlyle Group LP, one of the largest U. In a speech about the sector that he dubbed "Private Equity 4.

China and Brazil, the world's largest emerging market economies, will be the top recipients of private-equity capital in a few years, he said. The executive, who co-founded Carlyle, said the push into emerging markets is even bigger than it was at prior industry phase between and the end of last year.

In recent months, private-equity bankers have shown their concern with Brazil's high taxes and the government's slowness to help strengthen capital markets. Currently, ABVCAP is urging the government and lawmakers to reduce the tax burden on venture capital funds to help the latter lure investment for entrepreneurial projects and deal better with bankruptcies.

As has been the rule for years, Brazil remains the largest recipient of private-equity investments in Latin America, accounting for more than two-thirds of the amount invested and over 70 percent of all the deals. Reporting by Guillermo Parra-Bernal; Additional reporting by Luciana Bruno; Editing by Andre Grenon and Andrew Hay.

BOSTON Hedge fund manager David Russekoff has hired Chetan Gulati, a former colleague from Perry Capital, to beef up the investment team at his newly formed firm Smith Cove Capital. NEW YORK Children of the rich and famous have a reputation for being spoiled brats who do not know the value of a dollar.

Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Learn more about Thomson Reuters products:.

Private Equity in Developed Markets Outperformed Emerging Market PE Investments in Q2 | Cambridge Associates

All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Markets European Markets Asian Markets Global Market Data Stocks Bonds Currencies Commodities Futures Funds Earnings Dividends. Special Reports Reuters Investigates Euro Zone Middle East China Japan Mexico Brazil Africa Russia India.

Politics Home Polling Explorer Live: Technology Home Science Top Global Innovators Media Environment Innovation. Breakingviews Home Breakingviews Video.

Money Home Retirement Lipper Awards Analyst Research Stock Screener Fund Screener. Health Sports Arts Entertainment Oddly Enough.

Pictures Home The Wider Image Photographers Focus Carlyle sees private-equity focus on emerging markets.

Money Mon Apr 14, 3: By Guillermo Parra-Bernal RIO DE JANEIRO. The Thomson Reuters Trust Principles. From Around the Web Promoted by Revcontent. Photos of the Day. Follow Us On Twitter Follow Us On Facebook Follow Us On RSS Follow Us On Instagram Follow Us On YouTube Follow Us On LinkedIn. Feeds Newsletters Podcasts Apps.

Private Equity in Emerging Markets: The Best Opportunities

Reuters News Agency Brand Attribution Guidelines Careers. Learn more about Thomson Reuters products: Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface. Everything you need to empower your workflow and enhance your enterprise data management.

Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.

The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The industry leader for online information for tax, accounting and finance professionals.