TLDR:
- PE-VC funding fell by $700 million in May compared to the year before.
- Year-to-date investments have dropped by $4.7 billion.
Article Summary:
Private equity and venture capital firms experienced a decline in investments in May, with a total of $3.2 billion invested, marking a $700 million decrease from the previous year’s $3.9 billion. On a year-to-date basis, these firms have invested $11.5 billion, showing a drop of $4.7 billion from the $16.2 billion invested in the same period the year before. However, there has been a month-on-month increase in investments this year, with investments rising from $1.7 billion in February to $1.8 billion and $1.9 billion in March and April, respectively. In May, there were 80 deals, with nine of them valued at over $100 million. The largest deal in the month was Healthium Medtech’s acquisition by KKR at an investment of $840 million, followed by Warburg Pincus acquiring Shriram Housing Finance with a $554 million investment.
