According to Grant Thornton’s Dealtracker, in January 2010, there were 29 private equity (PE) including qualified institutional placement (QIP) deals amounting to US$1.24 billion.
There were as many as 20 such deals (PE and QIP) totalling to around US$583 million in February this year.
The PE and QIP deal volume in the first two months of 2010 aggregated to over US$1.8 billion, representing a significant improvement over the corresponding period last year, when it stood at a modest US$649 million during January-February 2009.
Published 12 March 2010, 15:53 IST