India Finance Brief

Private Equity Roundup: India
EY

Private equity (PE) deal activity in the second quarter of 2012 dropped to the lowest levels seen since Q2 2010. PE investments dipped 15 percent from USD 1.96 billion in Q1 2012 to USD1.66bn Q2 2012. However, much of the slowdown was largely in May. This may be accountable to adverse budget proposals announced in March, as June saw a significant increase in monthly activity -- following the clarification of many of the budget proposals. Interestingly, about half of the investments by value (46 percent) during Q2 2012 were made in June.