Pandemic-relevant effects on the M&A sector

Because of Corona, sales in entire indus­tries have drop­ped to zero. Half of German compa­nies are on short-time working, 20 percent of them want to cut jobs, supply chains have been sever­ely affec­ted, demand has slum­ped — the impact of the Corona pande­mic on German SMEs is massive. What does this mean for private equity inves­tors who have inves­ted in more than 100 such compa­nies before the end of 2019? How are they now using the more than two tril­lion (euros) in “dry powder” from their inves­tors, inclu­ding insu­rance compa­nies and pension funds?