“In our view, we might see 2021 PE/VC investments and exits exceed USD 70 billion and USD 50 billion, respectively,” stated Vivek Soni, associate at EY.
In the meantime, rival Grant Thornton Bharat additionally got here up with its deal tracker report, which advised that there have been 597 transactions value USD 30 billion within the September 2021 quarter with the preliminary public choices (IPOs) driving the quantity at USD 5 billion.
“(The yr) 2021 has seen higher resilience, digital insurgency and innovations driving the deal exercise within the current months. The yr witnessed progress each quarter and we anticipate the development to proceed for the approaching quarters,” its associate Shanthi Vijetha stated.
The report by EY and IVCA stated pure-play PE and VC investments, which exclude investments in actual property and infrastructure, recorded the highest-ever quarterly worth at USD 23 billion, 2.4 occasions the USD 9.7 billion recorded within the year-ago interval, and 63 per cent increased than the USD 14.1 billion recorded within the June 2021 quarter.
PIPE (personal funding in public fairness) investments recorded USD 1.3 billion throughout 23 offers within the reporting quarter as in opposition to USD 1.8 billion throughout 18 offers within the year-ago interval, and USD 619 million throughout 18 offers within the June 2021 quarter.
Credit score investments recorded USD 1 billion within the September 2021 quarter, in contrast with USD 1.1 billion within the year-ago interval and USD 355 million within the previous quarter.
The September quarter recorded exits value USD 11.3 billion, 15 occasions the worth recorded within the year-ago interval and 35 per cent decrease than the previous quarter.
PE and VC exits have recorded an all-time excessive of USD 33.4 billion inside the first 9 months of 2021, pushed primarily by giant strategic exits, it stated.
The quarter noticed USD 3.4 billion in fundraises in contrast with USD 2.8 million raised within the year-ago interval and USD 1 billion raised within the previous June 2021 quarter.