Add to favourites
News Local and Global in your language
18th of October 2018

Economy



Private equity deals stay robust in August

Buoyed by strong investor sentiment, PE/VC activity continued its strong run in August, said EY report

How much did PE/VCs invest in August?

Total aggregate investments crossed $18.7 billion last month

Total private equity deal status

PEs recorded $1.6 billion across 50 deals

Total deal exits by VCs and PEs

Last month recorded 18 exits worth $830 million with two $200 million-plus deals

Total exits between Jan-Aug

In last eight months, total exits amounted to $6.7 billion

Which sectors led the investments

Power and utilities led with $532 million investments across two deals followed by real estate with US$360 million invested across two deals. Financial services recorded just US$42 million in investments across six deals

With the sudden depreciation seen in the INR/$ rate in September, we expect investors to turn cautious, on account of which deal closures could get delayed,”  Vivek Soni, partner and National Leader Private Equity Services, EY

Read More




Leave A Comment

More News

Money News

Reuters: Money News

IBTimes.co.in : Economy

Moneycontrol Economy News

Disclaimer and Notice:WorldProNews.com is not the owner of these news or any information published on this site.