Highlights 2025
Industry Data & Research
Building on an extensive data collection exercise, we developed our first dedicated report on infrastructure funds, analysing fundraising, investment, and divestment activity by region, fund size, sector, and investment stages.
The report shows that between 2020 and mid-2025, European infrastructure funds raised €265 billion and invested €167 billion, with renewable energy the largest sector in recent years, followed by telecommunications and transport. Drawing on data from around 250 firms and supported by a growing community of infrastructure investors, the report highlights a new era for private capital in Europe, with infrastructure investment playing a crucial role in building sustainable, long-term solutions for the continent.
More than 360 GPs and LPs participated in our latest market sentiment survey in collaboration with ADL. The report highlights a certain optimism regarding European private equity and venture capital activity over the coming years, as managers adapt to shifting opportunities — including greater focus on Europe, defence investment, and AI or Deeptech — underscoring the industry’s ability to adjust to uncertainty while positioning for long-term growth.
- Launch of our first pan-European infrastructure activity data report “Building Europe’s foundations: The role of private capital in infrastructure”, showing the importance of private capital investment in critical European infrastructure and the growth of this asset class
- Third ESG KPIs report based on the 10 metrics collected via the European Data Cooperative platform (EDC), tracking the industry’s efforts in tackling issues such as climate change, female under-representation, and bribery and corruption
- New edition of the Performance of European Private Equity Benchmark Report, including data on European infrastructure, buyout, growth and venture capital funds and their outperformance over global listed equity benchmarks
- Key statistics on venture capital and mid-market private equity for the “Quiet Power” campaign
- New edition of the Private Equity at Work report, underlining the industry’s key role in employment and job creation in the 2022-2023 period including deeper analysis during the holding period
- Update of the Listed Private Equity Insights report demonstrating that listed private equity exits are generating significant uplifts over last reported asset valuations
- Update of essential analyses on Capital Under Management, Dry Powder, and Transaction Value
- Publication of market sentiment surveys on the Europe mid-market and large buyout market with Arthur D. Little, highlighting a recovery in confidence and a decisive pivot in priorities: defence has become the top sector for expected investment growth, while AI is now the leading operational focus across firms
- Participation in the EIF Equity survey covering the current market situation, challenges, and expectations for the near future
