Western Europe

In today's edition, Why the AI label alone won't sway LPs; 'Gating-gate' is hitting appetites for evergreens, says one platform; Spanish PE enjoys an exit bounce.

In today's edition, Secondaries volumes break another record; Europe amasses a war chest (quite literally); Astorg is racking up exits.

Investors are keeping a close eye on AI, defence and liquidity dynamics but require managers to clearly distinguish their strategies from those available elsewhere, according to conversations at PEI Group's latest Investor Council gathering.

Investors across all institution types displayed increased caution in the first half, with 67% keeping allocations unchanged, according to PEI's H1 2026 Investor Report.

The firm's inaugural vehicle launched in June 2023 with a $4bn target.

Private equity also accounts for two-thirds of Partners Group’s underperforming assets, the firm disclosed in its Wednesday earnings presentation.

PEI analysis exposes the immense variety in benchmarking approaches from 20 of private equity's largest investors.

Simona Maellare discusses expansion plans, adding more retail-eligible offerings and why fragmented European rules remain the biggest barrier to access.

The Swiss LP consultancy is moving into new areas of private equity and deepening its GP partnerships, says founder and CEO Antoine Prudent.

The $250m sought for Vertex Growth III would make it at least 40% smaller than its predecessor.