Publications
& Policy

This response asks IOSCO to carefully draft its Recommendations to acknowledge very specific types of open-ended structures, known as “semi-liquid” funds.

Representatives of the EU and UK-based financial services industries met on 11 February 2025 in Brussels to discuss their respective priorities and shared challenges on the eve of the latest EU-UK Financial Regulatory Forum meeting and agreed on the following statement.

As a founding member and long-standing supporter of the IPEV Valuation Guidelines, Invest Europe welcomes the opportunity to contribute to the 2025 review. After extensive consultation with our Professional Standards Committee and its members, we are pleased to provide our feedback.

In this letter to the European Commission, we outline our perspectives on the Platform on Sustainable Finance’s paper regarding product categorisation under SFDR (2.0).

Foreign capital plays a vital role in financing EU companies. Today, more foreign capital flows to EU venture funds than EU capital flows to non-EU funds. This demonstrates both the value of European businesses and a gap in domestic capital. Around 40% of capital in private markets originates outside the EU.

Foreign investors should not be discouraged from committing capital to European businesses through PE/VC funds. Current FDI regimes, designed to prevent foreign control of strategic assets, are less applicable to PE/VC structures. Investors in such funds do not exercise control over target companies; instead, they invest in the fund manager’s capacity to identify and support businesses.

This preliminary paper outlines interpretations that Invest Europe member firms might adopt when applying the new EU ESG Ratings Regulation in the alternative asset management context.

This member-only document is designed to give you all information on how to set up a European Long term Investment Fund (ELTIF), an EU label that allows marketing cross-border to non-professional clients. These Essentials were sponsored by Macfarlanes, Arendt, Simpson Thacher and Travers Smith.

In this response Invest Europe describes the importance of acknowledging the features of private equity funds when determining measures aimed at addressing financial stability concerns.

In the context of the ILPA Quarterly Reporting Standards Initiative (QRSI), Invest Europe provided detailed comments on ILPA's revised Reporting and Performance Templates. Invest Europe's greatest concerns relate to the complexity of the templates, the absence of grandfathering for legacy funds, and the lack of alignment with the Invest Europe Investor Reporting Guidelines.

In this response Invest Europe calls on ESMA to adapt its standards and guidelines on liquidity management tools to better reflect the realities of semi-liquid funds.

Invest Europe remains committed to working closely with the European Commission and national legislators to refine the application of ATAD I and ATAD II, ensuring that these directives achieve their intended goals without stifling the growth and competitiveness of the PE/VC industry by adopting a more nuanced approach.

Invest Europe had responded to the European Commission’s draft act regarding the standardization of the Country-by-Country Reporting (CbCR) framework and the potential adoption of XBRL as the mandatory format for submission.

In this letter, Invest Europe expands on their feedback provided in response to the public consultation regarding DAC1-6, placing a strong emphasis on DAC6.

Invest Europe had responded to the European Securities and Markets Authority Call for Evidence on the Review of the UCITS Eligible Assets Directive (EAD)

In this note, Invest Europe highlights a critical drafting issue in Article 6 of the Corporate Sustainability Due Diligence Directive (CSDDD), which creates inconsistency in the obligations that parent companies can fulfil on behalf of their subsidiaries.