The majority (64 percent) of institutional investors are not planning to make any changes to their private market allocations despite disruption caused by the novel coronavirus disease COVID-19, a new survey from Eaton Partners, a subsidiary of Stifel Financial Corp., has found.
According to the Eaton Partners LP Pulse Survey, which questioned more than 100 major limited partners, only 33 percent of respondents said their greatest focus is on immediate, shorter-term investments, while 84 percent said they aren’t shying away from any specific geographic areas, regardless of COVID-19 penetration.
Furthermore, a portion (15 percent) of investors are even increasing allocations, while only 21 percent are planning to reduce allocations.
“While we do see LPs committing to GPs already in the process of underwriting, we also expect there will likely be a decrease in overall fundraising activity over the coming months,” noted Jeff Eaton, partner at Eaton P
