PitchBook May 01, 2015
Want to know the latest trends in European PE? Our 2Q 2015 European Private Equity Breakdown Report offers thorough analysis on buyout, growth and venture activity throughout the continent, covering deals, fundraising, exits, regional trends and more. Download it for free by clicking here. For a quick recap, watch the short video above or read over the points below:
Coming off a strong 2014, private capital investment in Europe carried its momentum through the first quarter of this year. A total of €61.2 billion was invested in 1Q across the venture capital, growth and private equity markets, fractionally down from 4Q 2014 and 3% below 1Q 2014 levels.
On the VC front, 1Q saw an interesting trend: a jump in capital invested at €2.8 billion despite a decline in rounds closed at 442. We’ll be watching to see how high valuations continue to affect deal count and value.
The €55 billion invested in buyouts was the fifth highest quarterly total since the start of 2011, with 47% of all buyouts being bolt-ons.
Momentum continued in the exit market, as well, as 1Q saw €51 billion of capital exited through 248 liquidity events, the most lucrative quarter post-2009. The past two quarters have seen almost as much capital exited as all of 2013 combined.
European fund counts have been on a noticeable slide since the start of last year, with only 22 funds closing in 1Q 2015 with a combined €10 billion in commitments.
Interested in more? To gain access to all of our European data, click here to set up a free trial of the PitchBook Platform.