Private equity (PE) investments plunged 30.7 per cent quarter-on-quarter (QoQ) to $8.03 billion during the March quarter of calendar year 2022 (Q1CY22) from $11.59 billion in Q4CY21, according to Refinitiv. However, they were up 88.6 per cent year-on-year, compared with $4.2 billion in Q1CY21.
The total number of deals, too, declined to 387 in Q1CY21 from 410 in the previous quarter. However, on a year-on-year basis the total number of deals increased 35 per cent from 286 seen in Q1CY21.
Among sectors, internet specific and computer software garnered most of the investments in Q1CY22, with a total investment of $3.5