Arbeitspapier

A kockázati- és magántőke forrásai. Az intézményi befektetők szerepe a kockázati- és magántőke-ágazat forrásellátásában

Due to the 2008 global financial crisis the position of the private equity sector has weakened. The number and the value of new transactions have dropped together with the volume of the raised funds. Credit shares have also decreased in the financing of the transactions. Exiting from the portfolio companies became more difficult, which slowed down the capital reimbursement to the private equity investors. However in spite of the crisis, the attractiveness of the private equity investments remain positive among investors, since they produced better returns than public markets. While Hungary became less attractive from the standpoint of the regional private equity funds specialized in high-value buyouts, the country remained the leader in setting up Jeremie funds, and in the liberal regulation of the private pension funds until the autumn of 2010, which can boost the private equity investments. This could support the development of small- and medium-cap enterprises, suffering from shrinking resources due to the crisis. The prospected "nationalization" of private pension funds may put this process on hold.

ISBN
978-615-5024-25-2
Language
Ungarisch

Bibliographic citation
Series: IEHAS Discussion Papers ; No. MT-DP - 2010/29

Classification
Wirtschaft
Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors
Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
Subject
venture capital
private equity
institutional investors
pension funds
Risikokapital
Private Equity
Institutioneller Investor
Pensionskasse
Ungarn

Event
Geistige Schöpfung
(who)
Karsai, Judit
Event
Veröffentlichung
(who)
Hungarian Academy of Sciences, Institute of Economics
(where)
Budapest
(when)
2010

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Karsai, Judit
  • Hungarian Academy of Sciences, Institute of Economics

Time of origin

  • 2010

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