Private equity H1 2023 activity weakens as industry survey shows tentative signs of optimism and exit preparations
Private equity and venture capital funds invested €32 billion in the first half of 2023, 54 percent lower than 2022’s strong figures and in line with levels last seen in 2016.
- Private equity and venture capital funds invested €32 billion in the first half of 2023, 54 percent lower than 2022’s strong figures and in line with levels last seen in 2016.
- A total of 370 funds raised capital from investors, 15 percent below the average of the last five years.
- However, they also point to tentative signs of optimism.
- More exit preparations could signal an increase in distributions that would, in turn, stimulate fundraising and new investment.