Publications
& Policy

Real Estate Research Institute: Voluntary ESG disclosure is positively correlated to fund performance.

During this Members' Policy Call European Commission Director Ugo Bassi shed light on the Commission's proposal to amend the Alternative Investment Fund Managers Directive (AIFMD).

In this response we call for adjustments to the EU State Aid Framework. We highlight concerns with the existing definitions of undertakings in difficulty and small and medium enterprises - which do not reflect specificities of private equity and venture capital backed businesses. We also call for specific adjustments to the risk finance aid framework.

Listen to the launch webinar of the third part of the Invest Europe Climate Change Guide.

"DEI initiatives are proliferating in private equity as the industry begins to address how its culture has historically impeded diversity."

Invest Europe CEO, Eric de Montgolfier, was a key guest at the Annual Conference of the European Capital Markets Institute on December 2nd, 2021. During the event, entitled “Private equity and the Capital Markets Union”, he spoke about the crucial role our industry plays in supporting European businesses, describing how EU regulation can help private equity support the twin digital and green transition. His intervention focused on the different legislative initiatives the European Commission could take to incentivise private capital, from the review of the AIFMD fund marketing passport to changes to be brought to the prudential legislation covering institutional investors such as insurers (Solvency II) and banks (CRR). He also called for a review of the MiFID investor categorisation rules and welcomed the review of the voluntary ELTIF passport aimed at opening the market to some types of retail investors.

Find a backer for your business - How intellectual property can boost access to financing from private equity investors.

“This report has been produced by the BVCA to demonstrate the returns generated for investors by our members to 31 December 2020 and to compare these returns to equivalent investments in the UK public equity markets – using the FTSE – All Share Total Return as the benchmark index.”

In this speech Invest Europe CEO Eric de Montgolfier described which changes to the Capital Requirements framework are warranted to ensure that banks are allowed to invest into long-term and diversified funds such as private equity

In this new letter to the European Commission, Invest Europe expresses its concerns about the Final Report on SFDR from the European Supervisory Authorities (ESAs). In particular, we refer to the significant new legal risk that certain of the ESAs’ changes create for closed-end funds and ask the Commission to address this before putting forward its legislative proposal to the co-legislators.

A forward-looking Market Sentiment Survey capturing the views of 250 private equity managers and investors on the future of the industry in the context of COVID-19.

The H1 2021 activity data report provides a semi-annual review of fundraising, investment and divestment trends for European private equity and venture capital activity. Please note that this data is preliminary and subject to change.

In this response we provide ESMA with intelligence on the extent to which the private equity market is and could be opened to retail investors.

"As private equity firms continue to increase their ownership stake in various health care sectors in the US, questions arise about potential impacts on the organization and delivery of care. Using a difference-in-differences approach, we investigated changes in service-line provision in private equity–acquired hospitals."