Monthly data: May
The effects of the Covid-19 pandemic and the global lockdown were still noticeable in May but our data suggest that after the initial shock, investors have rolled up their sleeves to either fund existing portfolio companies or look for new opportunities.
According to GCV Analytics, the number of corporate-backed deals was 244, down 18% from the 297 rounds from the same month last year. Investment value also decreased by 32% to $8.48bn – down from the $12.5bn from May 2019.…