Private Equity investing in times of extreme uncertainty and extraordinary circumstances
The view from LPEA at the time of Covid-19
Earlier in April the LPEA circulated a survey among its community to evaluate the immediate impact of COVID-19 in Private Equity activities in Luxembourg.
Among the main conclusions of the survey conducted in Luxembourg we highlight:
- Over 90% of respondents don’t anticipate a change in staff counts from Covid-19 impact;
- 89% feel ready to deploy contingency plans and ensure business continuity;
- Close to 80% are looking for insights from experts to guide them through the crisis;
- Respondents assess current impact of Covid-19 to be medium (51 out of a scale of 0-100) while expecting year-end impact to be lower (46 out of the 0-100 scale).
Please find attached the findings of the survey, together with a general assessment of the PE/VC industry today produced by Rajaa Mekouar, CEO of the LPEA.