The number of corporate-backed deals dropped by 13% year-on-year in May, the first clear sign that the market pullback is having an impact.
The number of corporate-backed funding deals dropped by 13% year on year in May 2022, the first clear sign that the pullback in the public markets is starting to have an impact.
Deals from around the world stood at 338 in May, down from 388 in the same month last year.
Investment value stood at $11.5bn in total estimated capital – down 45% from $20.75bn in May 2021. The US came first in the number of corporate-backed deals, hosting 136…
