The Role of the Polish Private Equity Sector in the CEE Region

• Autorzy: Jacek Grzywacz , Ewa Jagodzińska-Komar
• Języki publikacji: EN

Abstrakty

EN

The aim of the article is to analyse the position of the Polish private equity sector as a leading player in the CEE region and to assess the impact of these funds on economic development. It has been pointed out that the fund sector is operating in an increasingly unpredictable environment (which could be seen during the financial crisis) and operates based on demanding regulations and growing risk. The paper presents the role of private equity funds in the CEE region, which by 2004 had seen a noticeably faster growth than in Western Europe, due to the transition to a market economy. The Polish private equity market in the CEE region was further analysed, which as the largest economy in the CEE region is a very attractive place for investors. The conclusions and directions of the role of private equity funds were presented, and it was emphasised that Poland and the whole CEE region are at an early stage of their market development, but their distance to Western Europe decreases from year to year. Currently, the CEE private equity market in the most developed countries offers great opportunities to its investors thanks to high competition, high growth potential and comprehensive solutions.(original abstract)

Słowa kluczowe

EN

Private equity; Private equity funds; Private equity market

PL

Private equity; Fundusze private equity; Rynek private equity

• Czasopismo: Journal of Management and Financial Sciences
• Rocznik: 2017
• Tom: 10
• Numer: nr 29
• Strony: 131--142

Twórcy

autor

Jacek Grzywacz

• Warsaw School of Economics, Poland

autor

Ewa Jagodzińska-Komar

• Bank Powszechna Kasa Oszczędności BP SA.

Bibliografia

• Central and Eastern European Private Equity Statistics 2015, Invest Europe Research August 2016, https://www.investeurope.eu/media/504370/invest-europe-cee-statis- tics-2015.pdf, accessed on 20.02.2017.
• http://ec.europa.eu/eurostat/, accessed on 15.03.2017.
• European Private Equity Activity Data 2007-2015, Invest Europe Research, 6 May 2016, https://www.investeurope.eu/media/476271/2015-European-Private-Equity- Activity.pdf, accessed on 10.02.2017.
• 2015 European Private Equity Activity. Statistics on Fundraising, Investments and Divestments, Invest Europe Research, 6 May 2016, https://www.investeurope. eu/ media/476271/2015-European-Private-Equity-Activity.pdf, accessed on 15.03.2017.
• 2016 Global Private Equity and Venture Capital Report, Preqin, 2016, https://www. preqin.com/docs/samples/2016-Preqin-Global-Private-Equity-and-Venture-Capi- tal-Report-Sample_Pages.pdf, accessed on 20.03.2017.
• 2017 Global Private Equity and Venture Capital Report, Preqin, 2017, https:// www.preqin.com/item/2017-preqin-global-private-equity-and-venture-capital -report/1/16504, accessed on 20.03.2017.
• Private Equity, Public Exits Q4 2016 Digital Edition, Ernst and Young, February 2017, http://www.ey.com/Publication/vwLUAssets/EY-private-equity-q4-2016-info graphic/$File/EY-private-equity-q4-2016-infographic.pdf, accessed on 20.03.2017.
• Private Equity Capital Briefing. Monthly Insights and Intelligence on PE Trends, Ernst and Young, February 2017, http://www.ey.com/Publication/vwLUAssets/ey-pe- capital-briefing-february-2017/$FILE/ey-pe-capital-briefing-february-2017.pdf, accessed on 10.04.2017.
• http://psik.org.pl/pl, accessed on 10.03.2017.
• Private Equity in Poland: Facts and Opinions, KPMG Report, Edition 2014, https:// assets.kpmg.com/content/dam/kpmg/pdf/2014/06/Rynek-Private-Equity-w-Polsce- fakty-a-opinie-2014-KPMG-w-Polsce.pdf [Polish language version], accessed on 22.03.2017.
• Private Equity in Poland 2016. Trends and Opportunities, KPMG Report, Edition 2016, https://assets.kpmg.com/content/dam/kpmg/pdf/2016/06/pl-raport-kpmg-rynek- private-equity-w--polsce-2016.pdf [Polish language version], accessed on 22.03.2017.
• Wiza R., Rynek private equity w Polsce 2016, https://home.kpmg.com/pl/pl/home/ insights/2016/06/rynek-private-equity-w-polsce-trendy-szanse-rozwoju-rafal-wiza. html, accessed on 20.02.2017.