Tsinghua University and the China Centre for Financial Research recently announced it would set up a private equity research institute.  Funding and advice will be provided by Kirkland & Ellis of the United States, which recently opened its first Chinese office in Hong Kong and specialises in private equity deals.

About Private Equity in China:

Private equity has become an exciting topic in China and an area many international MBA students are focusing in. The number of mainland buyouts rose to 91 last year, from 46 in 2005, while the total value of deals rose 254 per cent to US$7.6 billion (Dealogic 2007). Recently, companies such as Carlyle Group have sponsored competiitons for Tsinghua MBA students to further analyze the PE market in China.  The Carlyle Group's top five winners will each receive $10,000 and a trip to Washington D.C.