Edelweiss Group fund raises ₹6,600 crore
Amidst subdued economic climate, this is the year’s largest fund raise in the Indian private credit space.
Amidst subdued economic climate, this is the year’s largest fund raise in the Indian private credit space.
The economic fallout caused by the Covid-19 pandemic has significantly impacted the hedge fund industry with AUM falling below $3.50 trillion for first time since Q4-2018, says Preqin.
Venture capital investment in healthtech hits $8.2 billion in the first quarter of 2020, the highest quarterly total on record, says Preqin; large deals continue to be made.
The alternatives industry faces short-term disruption due to the Covid-19 pandemic, but the longer-term impact is more positive, says Preqin.
Though investors are revising their commitments to alternatives in 2020, most are not adjusting their longer-term plans, says Preqin.
According to the Preqin-FRG model, while earlier vintages will suffer, 2018/19 vintage private equity funds will see higher returns as a result of the pandemic.