The impact of COVID-19 on private equity fundraising was relatively muted in Q1 2020, but activity slowed significantly in Q2 as the full effect of regional lockdowns took hold. Private equity-backed buyout deals tumbled to their lowest quarterly level in seven years, but venture capital deal flow showed signs of recovery.
Read our Q2 PEVC industry update for the latest data on fundraising, funds in market, investors, deals, and performance & dry powder. We also speak to Samir Kaji, Senior Managing Director at First Republic Bank, about how venture capital firms may change their approach to funding in a post-COVID-19 world, and how the pandemic will accelerate investment in certain sectors.