O regime jurídico dos fundos de capitais privados em países em desenvolvimento: um estudo comparativo das leis e regulamentos dos fundos de capitais privados em Moçambique no contexto dos mercados emergentes e o seu impacto no crescimento do investimento em capitais privados

Abstract

This study provides a comparative analysis of the legal framework governing private equity funds in Mozambique, emphasizing the normative evolution and the impact of the existing regulatory regime on the national market within the context of emerging economies. The research utilizes the U.S. legal model, which serves as a global benchmark for private equity, to highlight the discrepancies and limitations of the Mozambican regulatory framework. The investigation assesses how regulatory obsolescence undermines legal certainty and deters investment, revealing the inadequacies of the current legislation relative to contemporary international standards. The central hypothesis posits that the lack of regulatory modernization constitutes a significant impediment to Mozambique’s appeal for both domestic and international investors, adversely affecting the development of the private equity sector. The comparatively low growth rates of private equity and venture capital funds in Mozambique underscore the pressing need for comprehensive regulatory reform.