PE-VC investors see decline in fund raising activity for next 1 yr: Crisil

As much as 90 per cent of private equity and venture capital investors envisage a decline in fund-raising activities over the next 6 to 12 months because of the Covid-19 pandemic, a Crisil Research survey showed on Tuesday.

According to the survey report, though the market is sitting on sufficient un-invested capital, or 'dry powder,' good investment opportunities are seen as difficult to find in the current environment.

"About 58 per cent surveyed expect investment value to decline over the coming 12 months," the report said.

"About half of them see a moderate recovery thereafter, while a fifth foresee a strong recovery."

As per