Hedge Funds Are Still Investing In Private Companies

At least eight hedge funds made at least 15 investments in private companies so far in April.

Philippe Laffont, founder and chief investment officer of Coatue Management. (Chris Goodney/Bloomberg)

Philippe Laffont, founder and chief investment officer of Coatue Management.

(Chris Goodney/Bloomberg)

The IPO market may be all but closed, except for a few biopharmaceutical companies. And many start-ups are seeking relief from the government’s bailout funds.

But mostly, venture capital investing has not yet shown signs of devastation from the Covid-19.

According to the PitchBook-NVCA Venture Monitor report, there were 2,298 venture capital deals totaling $34.2

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