Coronavirus

Early stage VC investments propped up Chinese dealmaking statistics in the first quarter, according to Hao Zhou, head of Bain & Co's Greater China PE practice.

Most programmes have adopted a virtual format and intend to host their incoming summer hires remotely over Zoom meetings and calls.

Most larger private equity firms should be able to get along fine without any government assistance, but some smaller firms could face issues, sources say.

"Customers are scaling back on tech spending for the first time in a long time. The effects are diverse and tech companies will be impacted differently," Bain Capital's Darren Abrahamson said.

Manufacturers are leading the charge when it comes to retooling their existing capabilities to meet rising demand for pandemic-related goods.

Angeles Equity also does a weekly happy hour call with employees, which Katz said is especially helpful for those who are isolated for much of the work week.

Distressed debt and special sits, food production, healthcare and certain VC strategies have received growing attention as a result of the coronavirus crisis.

Governments, banks and PE firms need to support portfolio companies during the health crisis, the buyout giant's chief executive said on a Q1 earnings call on Friday.

PEI caught up with the $60bn Aussie superfund's Damian Graham to discuss why the investor is well-placed to capitalise on attractively priced unlisted assets.

Unlike loans under the Paycheck Protection Program, loans under the Main Street Lending Program must be repaid in full.