US

This crisis differs from 2008 in that many people believe the economy was strong before the pandemic-fueled downturn, which could mean a snapback recovery once the health crisis eases, Sack tells PE Hub.

Canada Pension Plan Investment Board has appointed Judy Wade as managing director and head of San Francisco.

Toronto-based Tailscale, a corporate virtual privacy network provider, has raised C$3 million in a seed-stage financing.

Certain PE investments in the management entities of physician groups could qualify for SBA paycheck protection loans. The Advanced/Accelerated Medicare Payment Program should also be immediately impactful for many, but repayment of loans could prove tough, experts told PE Hub.

Most investors agreed that the technology sector remains relatively resilient to the disruption caused by the global pandemic, although B2B software companies are likely to experience different implications based on the exposure of the end-market they are serving.

The $2.65 bn deal closes shortly after the government deems veterinary services "essential business", validating private equity's longtime belief that the sector is insulated from economic downturns.

It has become an important source of capital for start-ups in recent years. But corporate investing will likely pull back substantially during the downturn.

Firms backing industrials companies will modify investment strategies in the post coronavirus world, with those who can likely to increase US operations and downsize overseas operations in the supply chain.