Pandemic might have hit the deal street hard initially, but the deal makers saw an opportunity in adversity leading to hectic action in the second half of 2020.

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It almost seemed like a 20-20 match in the second half of the year when deal activity picked up catalysed by a gush of liquidity fuelling the equity markets and pandemic disruptions giving new opportunities in times of adversity.

The New Year brings in new avenues, which are opening up to tap global funds. So what is in store and what are the learnings from 2020? CNBC-TV8’s Nisha Poddar spoke to Zia Mody, Senior and Founding Partner at AZB & Partners.

Zia Mody said, “Earlier you saw only quality marquee houses who could attract money, I think there will be an expansion of that circle now simply because money has to flow into something and it can’t keep flowing into this same business and the same houses forever. Private equity will have to expand, banks will have to lend to more than AAA clients.”

She said, “Private equity is going to come back very strongly, it is simply because of the dry powder that they have with them and their global fundraising even in COVID times has gone extremely well. So Asia and India will certainly be a focus of investment activity.”

Watch this interview for more.

(Edited by : Bivekananda Biswas)

First Published:Dec 31, 2020 5:00 PM IST