Publications
& Policy

The paper, shared and discussed with key stakeholders, outlines the importance of the next Multiannual Financial Framework for the future of the EU’s innovation ecosystem, from the perspective of the investors that provide long-term capital to start-ups and scale-ups. It highlights the critical role played by the European Investment Fund (EIF) in using public resources to crowd in private investment, as well as the risks that a less ambitious approach could pose to Europe's competitiveness agenda.

As the Commission continues to narrow down the final details of its revised State aid framework towards the end of 2026, Invest Europe’s engagement highlights that the treatment of undertakings in difficulty and the SME definition remain key barriers to the mobilisation of private capital across Europe’s innovation ecosystem.

As negotiations on the EU‑Inc. proposal move forward, MEP Pascal Canfin’s consultation takes a deeper look at some of its most critical design features. Invest Europe continues to advocate for a framework that enables fast company creation, supports scaling, and improves exit conditions.

Solvency II, officially known as Directive 2009/138/EC on the taking-up and pursuit of the business of Insurance and Reinsurance, entered into force on 1st January 2016. It sets out management and supervisory rules for insurance companies.  

With European governments calling for significantly greater defence capabilities and strategic autonomy, Invest Europe has launched its model Limited Partnership Agreement (LPA) language between investors and fund managers to further support private capital investment in Europe’s defence and dual‑use sectors. 

Invest Europe responded to the European Commission’s draft EU Merger Guidelines consultation, calling for merger control to remain focused on demonstrable competitive harm, while providing greater predictability for investment-driven transactions. The response also calls for clearer recognition of the distinct characteristics of PE, VC and infrastructure investors, including minority investments, separate fund structures and independently managed portfolio companies.

Our seventh annual publication provides deep insights for investors to understand the performance of European private capital asset classes, and analyses data across a range of metrics, including mPME, which is designed to allow a transparent and comparable performance for private capital and public equity investments.

The most comprehensive study of private equity and venture capital activity across CEE, in partnership with law firm Gide Loyrette Nouel. It shows resurgent divestment activity in 2025 with trade buyers attracted to high-quality buyouts built with private capital, while commitments to new buyout and growth-focused funds also rose strongly. It also highlights economic data showing the region’s ongoing growth and convergence with the EU and drills into success stories that illustrate the power of private equity and venture capital investment.

The growing use of debt instruments in private equity, including NAV facilities, comes with increased regulatory scrutiny and expectations around transparency. We set out high-level principles to help you navigate the complex treatment of leverage under EU rules.

Sustainability reporting serves as a practical tool for investment decision‑making and value creation. As such, Invest Europe’s response to the revision of the ESRS and the voluntary standard highlights key priorities to ensure the framework remains coherent with the ongoing developments of SFDR 2.0, proportionate, usable and aligned with how sustainability reporting works in private capital and its investment universe, while being integrated across the investment lifecycle and focused on decision‑useful, comparable, and emerging information.