One in Four Entrepreneurs Looks to Private Equity and Venture Capital in 2011
One in four leading entrepreneurs interviewed by Investec Specialist Private Bank (Investec) will be looking to private equity and venture capitalists to raise capital in 2011.
James Stirling, Investec growth and acquisition finance, said: “Many entrepreneurs are looking to grow their businesses this year, with 44% expecting to launch new ventures and a further 31% believing that it is ‘quite likely’ that they will do this. However, their plans could be put on hold because many still fear that access to capital could be difficult. Only 6% of those we interviewed expect it to be easy to raise funds during 2011.”