Survey finds venture capitalists confident about private equity deal activity

The ?Private Equity Confidence Survey’ conducted by Deloitte has found that venture capitalists (VCs) are confident that increased deal activity will be sustained for the first six months in 2005. Secondary buy-outs are expected to provide the largest source of new investment opportunities.

Mark Pacitti, Corporate Finance Partner at Deloitte, said: ?Despite the current wall of debt available to fund buy-out transactions, some uncertainty appears to exist within VCs over the level of debt funding available for transactions going forward.