Novo Holdings, the $160 billion fund behind Novo Nordisk (NVO), will slow down its investment activities until there is more clarity on economic growth prospects, Bloomberg reported Monday, citing Novo Holdings chief executive officer Kasim Kutay as saying in an interview.

Novo Holdings' plans to exit "some assets" will most likely have to be postponed until later this year or even next year, the report said, citing Kutay.

"I mean, who's going to IPO an asset in this environment? Unless you have to, it's probably not advisable," Kutay said in the interview, Bloomberg reported.

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