By Steve Johnson | 31 August 2017

Read the full article at FT here. 

Private equity-style funds poured more money into emerging markets in the first half of 2017 than during any other six-month period since comparable records began in 2008. A total of $22bn was invested by private equity, infrastructure and private credit funds, a near-50 per cent rise from the same period last year and outstripping the previous half-yearly record of $21bn, set in the second half of 2014, according to figures from the Emerging Markets Private Equity Association. The biggest deal sealed during the period was a $2bn buyout of Allegro, eastern Europe’s largest ecommerce platform, by a consortium of Mid Europa Partners, Cinven and Permira, which bought the Polish company from South African media group Naspers.