The North East in Numbers
Category: Uncategorized
In the first of a series of regional infographics, we summarise the headline figures for equity investment in the North East from 2011 on.
Looking up in the North East
Like all other regions, the North East saw a decline in deal numbers in Q2 2016. As we’ve previously mentioned, we suspect Brexit might have had something to do with the slump. But things are looking up in the North East – deal numbers for the incomplete third quarter of the year have already surpassed those from the previous quarter. With such a slow start to the year, it seems unlikely that deal numbers will climb to 2015 levels, but we think recovery will continue.
Government funds lead the way
Notably, all of the top five investors by deal numbers were government backed funds. Together these funds were involved in 45% of fundraisings from 2011. Although this might point to an over-reliance on state money, these investments are usually small and early-stage, and we think it is positive that growing businesses are encouraged in the region. None of these investors appears on the list of top investors by total value of fundraisings, which is dominated by large private equity funds.
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