PitchBook News - An unheralded emerging market

For both PE and VC, the ability to create exit value has been a struggle. No year has produced more in exit value than has been invested during the same timeframe. The relatively small size of the region (combined population of around 31 million) adds challenges for driving returns through company expansion alone.

A greater importance is placed on margin and multiple expansion driving value growth for most companies and their investors.

While nascency alone adds to the intrigue, the region also offers investment within countries that have stable political regimes, developed economies, and strong financial systems, which are not always the case within the other emerging ecosystems.

And with large exits on the horizon, the potential coming wave of investors and capital should only further boost the market's image.

It's not unlikely that Australia and New Zealand will start showing up in conversations around top emerging private markets in the near future.

For more data and analysis, download our inaugural Australia & New Zealand Private Capital Breakdown.