Private equity firms are divided on the stability and growth trajectory of China-based portfolio company investments. Uncertainty is ruling this space, but General Atlantic CEO Bill Ford remains positive and is looking at China long-term. About 55% of General Atlantic’s portfolio is invested outside the United States, with about 10% in China, reports CNBC.
With 18 portfolio companies in China, out of a global portfolio of 112, CEO Bill Ford outlines in this report the risk of a global recession, why he’s a little less worried about it now than he was at the beginning of the summer and what the firm is doing to navigate the risk — including by continuing to invest in China.
Outside of China, the private equity firm is also looking at opportunities in the US, Brazil, India and Indonesia.