French private equity firms are resisting the Covid-19 cataclysm.
"Unlike the 2008-2009 crisis, when the amounts raised and invested had collapsed, the activity of the beginning of the year remained very strong"
, confirms Dominique Gaillard, president of France Invest, the association which brings together most of the sector players.
Despite the spring confinement, companies have invested 7.7 billion euros in 1,050 unlisted start-ups, SMEs and medium-sized enterprises (ETI), indicates the study by France Invest carried out with Grant Thornton.
A stable amount compared to the same period of 2019 (7.8 billion).
And the number of companies that have benefited from these funds is slightly above the average for the past three years.
In this lasting period of very low interest rates and abundant money thanks to the intervention of the European Central Bank (ECB), the demand of investors (especially insurers and banks ...) for this
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