Private-equity fundraising hit a 2-year low in Q2 as coronavirus wreaked havoc with businesses and travel. We spoke to experts about why the drop is a ‘pause, rather than a wholesale change.’

Private-equity fundraising hit a 2-year low in Q2 as coronavirus wreaked havoc with businesses and travel. We spoke to experts about why the drop is a ‘pause, rather than a wholesale change.’

Private equity funds raised the lowest amount of capital last quarter since the first quarter of 2018, as the COVID-19 pandemic ate into corporate activity and grounded travel.

Data firm Preqin says the decline in private equity fundraising is a "wholesale shift down."

Fund managers say the amount and the pace of funding have dropped dramatically, with the five largest funds accounting for a third of total capital raised this year.

However, new investment opportunities are emerging, and experts told Business Insider that fundraising should bounce back soon.

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Fund managers raised the smallest amount of capital to invest in businesses in over two years in the three months to July, as the coronavirus pandemic forced operations to close and brought global travel to a halt, according to a