In light of recent EU policy initiatives such as the Capital Markets Union (CMU) action plan, this working paper provides unique insights from Venture Capital (VC) general partners/management companies, Private Equity Mid-Market (PE MM) managers and Business Angels (BA). Specifically, based on...

This paper examines the direct private equity investment strategies across sovereign wealth funds and their relationship to the funds' organizational structures. SWFs seem to engage in a form of trend chasing, since they are more likely to invest at home when domestic equity prices are higher,...

The EIF VC Survey, the EIF Private Equity Mid-Market Survey, and the EIF Business Angels Survey (the largest combined regular survey exercises among General Partners and Business Angels on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based...

We test under what circumstances boards discipline managers and whether such interventions improve performance. We exploit exogenous variation due to the staggered adoption of corporate governance laws in formerly Communist countries coupled with detailed ‘hard’ information about the...

This working paper presents the results of the 2020 EIF Private Equity Mid-Market Survey, an anonymised online survey of the private equity (PE) mid-market general partner/management companies. Complementing the 2018 EIF Venture Capital Survey paper (2018/51), which examined the venture capital...

The EIF VC Survey, the EIF Private Equity Mid-Market Survey, and the EIF Business Angels Survey (the largest combined regular survey exercises among GPs and Business Angels on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the...

This paper provides unique insights into the impact of the COVID-19 crisis on the European private equity (PE) and venture capital (VC) ecosystem. It achieves this purpose in two ways. By exploiting the recent survey wave of EIF’s signature BA/VC/PE MM survey series, which was launched just...

This paper investigates the drivers of private equity activity by undertaking a panel data study for 17 European countries. Activity is affected by both cyclical and structural factors. We control for the cyclical factors and examine structural drivers of investment in private equity. We examine...

This paper presents a general overview of the European Private Equity (PE) market based on industry activity for 2009 published by the European Venture Capital Association (EVCA) in March 2010 and the latest performance data published by Thomson Reuters as of December 2009. The paper is...