Brexit

The investment firm – which is raising three private equity funds – is expanding its institutional LP base beyond France.

The UK will lose its status as the second most attractive destination for private equity investors after Brexit, says a business school report.

The UK referendum has had an impact on the investment firm's business, according to Marco De Benedetti, co-head of European buyout.

GPs should be willing to tackle complex deals, managing partner Guillaume Jacqueau tells PEI after the firm raised €2.8bn for its sixth flagship fund.

A preference for blue-chip GPs, limits on LP resources and the diminishing appeal of UK funds were on the minds of private equity participants who gathered in the German capital last week.

The London-based firm has bolstered its investment team with two appointments after opening an Edinburgh office.

The UK mid-market investor has decided not to proceed with raising its fourth fund in the face of LP challenges.

Fears of a bear market, declining UK appeal and Asian acquisitions are expected to dominate the continent in 2018.

Buyout values totalled €27.1bn across 181 deals this year, up from €14.7bn across 398 transactions in 2016, according to data from CMBOR.

Private equity professionals have identified three key trends that helped to shape the European market during 2017.