Privatee equity-venture capital (PE-VC) firms invested $5.9 billion across 164 deals in the quarter ended March 2020, 36 per cent lower than the $9.2 billion across 249 transactions during the same period last year.
Investments in the first quarter of 2020 were also 37 per cent lower compared to the previous quarter, which saw $9.4 billion being invested across 227 transactions, according to Venture Intelligence Data. These figures include venture capital investments, but exclude PE investments in real estate.
The latest quarter witnessed 14