87% of LPs expect to invest in Russia by 2012

LPs indicated plans to ramp up investments across all emerging markets over the next five years, according to a survey released by the Emerging Markets Private Equity Association. Asia, the CEE and Russia are the destination markets of greatest interest over the medium term with 89% of LPs expecting to invest in Asia by 2012 and 87% in CEE/Russia by 2012. Sixty-four percent of the LPS surveyed expect to be investing in Latin America by 2012, versus 31% who are investing currently. Thirty-five percent expect to be investing in the Middle East, versus 11% currently, and 48% invested in Africa, versus 20% currently.