Publications
& Policy

The EIF launched a new format within its long-running Equity Surveys series. The VC/PE Barometer Survey will now track the market sentiment on quarterly basis. By gauging fund managers’ perspectives across key indicators – including fundraising, exits, valuations, access to external finance, new investments, and deal flow – the survey offers a comprehensive view of current market dynamics and forward-looking expectations. Each edition also features an in-depth focus topic. This edition (2025/1) includes an overview of the current market sentiment; and examines in further depth the perceived impact of the new US administration policies on the European VC/PE landscape.

During this webinar, we discussed the Alternative Investment Fund Managers' Directive and its implications on Invest Europe members.

This response to the European Commission’s Call for Evidence outlines the industry’s views on the future direction of the SFDR, reaffirming – among other points – that it should remain a disclosure-based regime and that clear grandfathering provisions should be introduced.

Cette 8e édition intègre les derniers développements réglementaires français et internationaux, tels que les directives européennes et les nouvelles structures de fonds. Elle met en perspective les évolutions du secteur depuis la crise financière de 2008-2009, ainsi que les récentes évolutions en matière de structuration.

Our 2024 Annual Report, published for the first time also as an online report, provides a comprehensive overview of the association’s key achievements, outlines our priorities for the current year, and sets out our long-term strategic vision.

The Argos Index® was down 3% to 9.5x EBITDA in Q1 2025. The 2024 recovery of mid-market prices was short-lived, as the M&A activity. Transaction multiples declined, at a similar pace, on all market segments: on the lower and upper mid-markets, and for both investment funds and strategic buyers.

An annual survey, undertaken on behalf of Invest Europe, that collects comprehensive and robust activity data on fundraising, investment and divestment from more than 1,750 private equity and venture capital firms in Europe. For the first time, Invest Europe’s data also includes listed private capital investment, highlighting this growing segment and its role in giving listed equities investors a route into private companies.

Detailed evidence and analysis of the European private equity and venture capital industry’s real contribution to employment, in 2023, and job creation, in 2022-23, and the far-reaching impact this has on the people, societies and economies of Europe.

In this paper, we set out our recommendations on the European Commission’s Sustainability Omnibus Proposal of 26 February 2025, including targeted improvements to ensure the framework remains simple, usable, scalable, and aligned with international standards, while supporting long-term value creation.

Invest Europe warmly thanks MEP Hadjipantela for an engaging discussion on his draft report addressing the role of simple tax rules and tax fragmentation in strengthening European competitiveness.

Now in its sixth year—and the third in collaboration with KPMG Baltics—this report continues to track key developments across the region’s PE/VC landscape.

The report demonstrates how NAV loans are a strategic, value-enhancing financing tool for private equity managers and as the industry continues to evolve will become an increasingly important tool for managers to unlock further growth and deliver outstanding returns for their LPs.

In its response, Invest Europe highlighted key barriers currently limiting PE and VC engagement in defence such regulatory fragmentation, uncertainty around exit pathways, the lack of common definitions and ESG alignment for defence investments, and an underdeveloped public private financing infrastructure to de-risk and scale capital deployment.

Invest Europe’s response to the European Commission’s initiative to strengthen the biotech and life sciences ecosystem outlines key priorities in addressing regulatory barriers in medtech, unlocking early-stage investment, aligning public and private capital, and reducing fragmentation across EU markets, while broadening access to capital from all sources.

Recent geopolitical and policy developments – both within and beyond the EU – are influencing the sustainability conversation.