India-dedicated funds attract zero investments in April due to Covid-19

This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes

With no inflows reported in April, the first month of the second quarter of Calendar 2020, fund raising by India-dedicated funds may remain under pressure for the next 3-4 months at the very least, since most Limited Partners (LPs) are in a wait-and-watch mode as they take stock of their own investment portfolios. 

Some clarity on global and domestic challenges is expected to emerge by then, enabling the LPs to take concrete steps. Industry representatives have said that they are expecting a significant uptick in PE investment activity in a couple of quarters, or possibly even earlier.

According to Indian Private Equity