Publications
& Policy

EVCA-PAE Response to the broad consultation regarding Level 2 measures of the Markets in Financial Instruments Directive and Regulation, the EU framework legislation on securities markets (MIFID2/MIFIR).

The objective of the Capital Markets Union (CMU), the Financial Services Commissioner's Flagship Initiative, is to reduce Europe’s reliance on bank lending in order to drive investment and growth. The aim in the short term is to unlock the availability of credit and, in the longer term, to support a more diverse, competitive and free-flowing financial system. The Green Paper launches a Consultation.

This is a joint response issued by the PAE and Private Equity Growth Capital Council (PEGCC) to the OECD Base Erosion and Profit Shifting (BEPS) Consultation on Action 4- interest deductibility. The response outlines how interest deductions are carried out in a private equity context and explains why any limit on the current rules would be harmful for financing the real economy.

This Consultation Paper constitutes the first step of the further work on solvency of IORPs that EIOPA is undertaking on its own initiative. The work of EIOPA on this issue could have implications for the definition of future capital requirements for pension funds.

This consultation aims to get the views of stakeholders on how alternative investment funds such as private equity should be treated under any new rules on the operation of bilateral tax treaties.

Elements of the response to to European Securities Markets Authority (ESMA) on its Call for Evidence related to AIFMD and the establishment of a passport for third-country funds.

Elements of the response to to European Securities Markets Authority (ESMA) on its Consultation related to EuVECA are dealing with conflicts of interest for EuVECA managers

An overview of private equity's contribution to the economy and building European businesses.

Fisher College of Business Working Paper: Buyout funds have outperformed the S&P 500 net of fees on average by about 20% over the life of the fund.

Solvency II is a review of prudential regulation for the European insurance industry. These Commission Delegated Acts define the risk weighting for different asset classes, including private equity, venture capital and infrastructure funds.

EVCA Response to the White Paper ‘Towards more effective EU merger control’ published by DG Competition (European Commission) relating to EU Merger Regulation

A research report analysing debt financing activity in mid-market buyout transactions. It is supported by data obtained from the EVCA’s statistics programme, PEREP_Analytics.