EUROPE – Pipeline of EUR 10bn funds

There is a pipeline of mega funds coming to market in the coming months, according to Stef Oostvogels at law firm Oostvogels Pfister Roemers, speaking at the Benelux unquote" Private Equity Congress in Luxembourg this morning. He indicated that many are near the EUR 10bn mark, meaning fundraising figures for 2007 could be as robust as last year. He acknowledged the industry is under increasing criticism and stressed that further communication to explain that private equity is about job creation, sustainable business, the environment and corporate governance is very important.