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A detailed analysis of private equity and venture capital activity across Europe in the first half of 2025, complemented by a survey of more than 360 managers and investors done with Arthur D. Little revealing growing optimism about the year ahead.
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0:00 European private capital stronger fundraising, record venture investment and changing investor priorities.
0:08 European private equity and venture capital funds raised 68 billion in the first half of 2026, up 6% on the same period last year.
0:19 Overall investment slowed, but venture capital reached a half-year record of 11.5 billion, up 11% supporting Europe's innovators.
0:32 In our survey with Arthur D. Little, 43% of LPs expect Washington's trade stance to drive higher allocations to Europe over the next 3 years.
0:44 Defense tops the investment outlook. 75% of managers expect investment in the sector to increase. 62% expect more investment in deep tech and AI and 53% in aerospace.
0:58 82% of managers say AI will be their team's biggest focus in the coming year.
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