Emerging market private equity funds in 2012 had their best year for raising capital since 2008, pulling in $40.3 billion, although the amount of money committed to investment dropped as less flowed into sector juggernauts China and India. According to annual data from the Emerging Markets Private Equity Association, last year the number of funds raising capital increased to 161 from 148 while the overall dollar value increased by 4.7 percent from $38.5 billion in 2011….