COVID-19 has had a significant impact on global markets, and sponsors are being understandably cautious about how they look to deploy their capital.

But every crisis also presents opportunities.

Private investments in public equity (PIPEs) have not typically seen the volumes of activity in the UK as they have done in the US, largely because of the regulatory challenges associated with them in the UK.

In this briefing, private equity transactions partner Kiran Sharma and associate Tarun Patel consider a change in the attitude of regulators and recent deal activity, which suggests that this trend could be about to change.