Zephyr Peacock India, the India affiliate of New York headquartered Zephyr Management L.P. has made 20 investments in early growth stage businesses across financial services, agri-tech and infrastructure ancillaries since 2006 in India, with an investment of $120 million to date. Zephyr Peacock India Growth Fund targets to invest in three to six SMEs in the next 12 months. In an interview with BusinessLine, Pankaj Raina, Managing Director, Zephyr Peacock India said, alternative investments sentiment will be subdued, funding will slow down by 30-40 per cent in 2020 and recovery is likely in the next 12-15 months.
Given the outbreak of the Covid-19 pandemic, how would you rate institutional investor sentiment in the next 6-12 months?
Investor sentiment will be subdued and cautious. You will see institutional funding slowing down by 30-40 per cent over the next 6-12 months as compared to 2019. Investors in general would be more careful