Publications
& Policy

Net zero is among the largest infrastructure investing opportunities of our time. Renewable energy has come so far down the cost curve that the question is no longer whether decarbonization will be possible, but how it can practically be delivered. McKinsey estimates it is a $275tn investment opportunity between 2021 and 2050, and private capital will play an important role in delivering this.

This barometer reveals trends in thematic investing for 2024, showing increased interest in energy transition themes like renewable energy, alongside growing allocations in private markets. The report highlights a global shift towards sustainability and innovation, with geographic variations in objectives and focus areas like mobility and diversity.

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.

While InfraTech is still a relatively new asset segment, it has quickly come to occupy an important position in investment portfolios, and its share of private infrastructure deals has grown from 7% in 2018 to 17% estimated in 2023. InfraTech has the potential to enhance the climate-resilience and optimise the value of conventional infrastructure in all stages of the lifecycle. It is also changing business models for investors, as illustrated by the business case studies included in the report.

During the third session of our webinar series we focused on demystifying fiduciary duty (or duty of care) for impact investing.

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.

The report analyzes a record-setting secondary market for H1 2024, with $71B deal volume, 44% GP-led transactions, and robust demand across both LP and GP-led deals. Expectations for 2024 predict $150B in market volume, fueled by strong investor demand and specialized secondary market strategies.

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.

Oaktree Capital Management: Howard Marks discusses market volatility, investor psychology, and how market prices often diverge from intrinsic value due to sentiment shifts.

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.

Invest Europe replies to the questionnaire for the public consultation on the Evaluation of DAC 1-6, advocating for efficient administrative cooperation in direct taxation to enhance the investment climate across the EU.

Now in its fifth year, Invest Europe’s Capital Under Management & Dry Powder report highlights not only the size and capacity of Europe’s private capital industry, but also its position in the portfolios of long-term investors.

European Investment Bank: This report provides new evidence on the financial constraints faced by companies as they enter the crucial scale-up phase. The analysis follows firms that received venture capital backing and reached the scale-up phase in the European Union after 2013.

The report leverages data insights from the EIF’s flagship VC Survey (2023) with responses from 472 VC fund managers representing 371 VC firms.