Chapter One 1. INTRODUCTION 1.1. Historical and political Background 1.1.1. Nepal a Brief review Nepal, a mountainous country in south Asia, had been united by then king Prithvi Narayan Shah during his reign, 1743-1775 AD. After his death his successors also continued unification process and extended the boarder of this nation by 1816 before the Sugauli Sandhi (a treaty done with the then British India at the place named Sugauli). The Gorkha conquest in the late eighteenth century united into
equity in the companies it invests in, which usually have a new technology or business in high technology industries, such as biotechnology and IT, however with high risk. Funds are typically established as limited partnerships, which is a contract between institutional investors who become limited partners and the fund manager. The basic intermediation structure of venture capital and private equity funds is graphically summarized in Figure 1. Figure.1 Venture Capital Financial Intermediation Venture