Deloitte PE Survey spots high level of investment appetite in the CE

Almost one third of the investors expect deal making to increase in the next year, according to the latest Deloitte CE Private Equity Confidence Survey.

2015-05-25 14:44:05

"Recent Romanian private equity investment activity has been relatively subdued compared to our northern neighbors," said Hein van Dam, Partner Deloitte Romania. "However, given the ongoing macro-economic momentum and the fundraising activity anticipated in the next 12 months, we are hopeful that Romania, particularly in sectors such as manufacturing and IT, will once again attract increasing amounts of private equity capital going forward."

According to the latest survey, 43% of respondents expect deal doing to increase in the coming months twice the figure last year. This may be down to the European Central Bank's fresh round of quantitative easing with a third of deal-doers suggesting debt markets will be more liquid.

The current survey reveals the highest level of fundraising intention since the survey was launched back in 2003. According to the survey, CE deal-doers expect to split their time fairly evenly between fundraising (30 per cent), portfolio management (33 per cent) and new investments (37 per cent) over the next six months.

The focus on fundraising means that private investment houses are looking to furnish existing investors with distributions: 40 per centexpect to focus on selling in the next six months, the highest level since the survey began.

Another noteworthy point to come out of the survey is that interest in investing in technology has grown nearly three-fold to 20 per cent since 2013. Romania is also part of the picture with world class technology businesses conquering the world and the sector continues to be spotted by venture funds.