Private equity deals value falls by 39%
The deal volume, however, rose 22% to 165 transactions during the period due to increased deal activity on the Internet and computer software segments. By DEEPTI CHAUDHARY Private equity investments in the first half of this year fell by almost 39% in value to $2.8 billion compared with the same period a year ago, according a Thomson Reuters data released on Tuesday. The deal volume, however, rose 22% to 165 transactions during the period on the back of heightened deal activity on the Internet and computer software segments, in continuation of the investment trend seen in 2017 as well. India has been a hub of private equity transactions. The first half of 2014 saw 169 deals worth nearly $2.53 billion. The January to June period of 2015 saw 231 deals worth about $6.9 billion, while the same period in 2016 saw 134 transactions to the tune of nearly $2.3 billion. Investors are optimistic that things will get better in the remaining months of the year, particul...