Increased information flow, more transparency and informal settings have mitigated a lack of in-person meetings as investors and fund managers find ways to overcome roadblocks resulting from the coronavirus pandemic.
Face-to-face meetings, a traditional linchpin in the process of checking out fund managers before investors make commitments, have been prevented by government restrictions aimed at reining in the pandemic. Investors, placement agents and fund managers say virtual meetings using video conferencing and presentations using other technologies have kept fundraising largely on track.