Investors in the European private equity market are increasingly favoring general partners with long track records, leaving newer fund managers struggling to secure capital.
This shift toward established names highlights a risk-averse posture among limited partners as they navigate a challenging fundraising environment.
1% of closed transactions in Europe between January and May, signaling a notable pullback in transatlantic investment flows.
The trend underscores a broader deceleration in cross-Atlantic dealmaking.
US private equity funds accounted for just 18.1% of closed transactions in Europe between January and May, signaling a notable pullback in transatlantic investment flows.
This contraction reflects wider caution among institutional investors who are prioritizing stability over growth in uncertain market conditions.
Global private equity investment activity has cooled considerably in the second quarter of 2026, according to preliminary data from Pitchbook.