Many countries across the world have had their economies severely impacted by the COVID-19 pandemic. The European landscape, however, exhibited resilience in terms of investments and VC fundings. Invest Europe, the association representing Europe’s investors, private equity, venture capital and infrastructure sectors, has released a new report, which reaffirms the same.
Private equity’s investment in H1 2020 is in line with prior year
Even though COVID-19 had an impact on the European economy, private equity funds raised a notable €49B in the first half of 2020. This is in line with 2019’s first half figure, which suggests that the industry might go on to raise a full-year total that’s on a par with average fundraising level achieved over the last three years, the report claims.