Slice of pie: New entrants gobble up GP stakes in Europe
Once a cake eaten mostly by North American investors, new connoisseurs have started getting a taste for small stakes of private equity (PE), credit and infrastructure general partners (GPs) in Europe.
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VC fundraising sinks further with lowest Q1 in a decade
Eight European firms secured just over EUR 2bn in commitments in Q1 2023 as continuing uncertainty suppresses LPs’ risk appetite, but fundraising pipeline looks promising
Spending bottom dollar: Valuation gaps take Q1 buyout levels back to 2009
Sponsors make just 95 buyouts in Europe in the first quarter - a figure not seen since Sony sold 12m floppy discs in one year
Strategics pull back from PE sales as macro uncertainty bites
Share of trade exits hits lowest point in three years as corporates shore up balance sheets to navigate economic woes
Private equity buyouts hit lowest point since COVID
Amid macro uncertainty, sponsors see EUR 44.6bn deployed across 211 buyouts, in the lowest mark since Q3 2020
Latest News
Adams Street secures USD 3.2bn for newest secondaries programme amid LP stakes dealflow uptick
Private markets investor has seen LP stakes increase as a proportion of its deployment over the past year, partner Jeff Akers said
Purple Ventures plans EUR 30m-EUR 40m fund to invest across CEE
Early-stage investor expects to hold a EUR 20m-plus first close for its second fund by Q1 2024
Bewater Funds nears EUR 7m close for second fund, aims to back 20 companies in next four years
Bewater II FCRE takes minority stakes (5%-25%) with tickets of EUR 500,000-EUR 2m, and it has already made three investments.
Unquote Private Equity Podcast: In conversation with... Fabio Ranghino, Ambienta
In an interview with Unquote, Ranghino discusses topics including ESG and the next phase of Ambienta’s growth