As primary capital markets face a battering over the lockdown due to the coronavirus pandemic, alternative asset managers are rewriting how they locate deals, manage their portfolio companies, and engage with promoters of potential targets. Top private equity firms had shut offices around a week or so before the country officially did and key executives and principals are now operating through telephone calls and Zoom-enabled video-conferencing.
Deals that were past the stage of due diligence are still being transacted but early stage ones have halted. One executive ...
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