Private equity deals stay robust in August

Buoyed by strong investor sentiment, PE/VC activity continued its strong run in August, said EY report

How much did PE/VCs invest in August?

Total aggregate investments crossed $18.7 billion last month

Total private equity deal status

PEs recorded $1.6 billion across 50 deals

Total deal exits by VCs and PEs

Last month recorded 18 exits worth $830 million with two $200 million-plus deals

Total exits between Jan-Aug

In last eight months, total exits amounted to $6.7 billion

Which sectors led the investments

Power and utilities led with $532 million investments across two deals followed by real estate with US$360 million invested across two deals. Financial services recorded just US$42 million in investments across six deals

With the sudden depreciation seen in the INR/$ rate in September, we expect investors to turn cautious, on account of which deal closures could get delayed,”  
Vivek Soni, partner and National Leader Private Equity Services, EY