Private equity and venture capital firms are focused on growth, and in that objective, people are an essential asset.
For the sixth successive year of Invest Europe’s Private Equity at Work report, private equity and venture capital backed companies created jobs far in excess of the overall European economy. Companies in our universe increased employee numbers by 5% in 2023, well ahead of the 1% growth seen across all European businesses.
There was not one stage of European private equity and venture capital that did not witness employment growth far ahead of that benchmark, nor one region of Europe where the industry’s investments did not beat the regional growth rate, or in some cases its contraction. This unequivocally says that, in the drive to build better businesses, private equity and venture capital firms are focused on growth – and see people as instrumental to that growth.
