Private Equity Abandons Mining as Deal Opportunities Dry Up
- Investment in the sector slid 75% last year to $500 million
- Private equity more focused on funding existing investments
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Private equity firms lost interest in the mining world last year, pumping 75% less money into the sector as they focused more on funding existing investments.
Investments dropped to $500 million from $2 billion a year earlier, according to a report by law firm Bryan Cave Leighton Paisner. That was the lowest amount since the company started tracking the space in 2013.