Nicolas Beaugrand
Paris
Entering 2026, the European private equity industry continues to demonstrate its resilience, adapting to changing geopolitical, economic, and industry realities.
GPs are more optimistic about the business environment than at any time since 2021, both globally and within Europe. Expectations for increased capital deployment have reached a five-year high, likely fuelled by positivity around exit prospects, which is also at a multi-year peak.
This is the picture emerging from the 2026 IPEM Pan-European Private Equity Barometer, analyzed by AlixPartners in collaboration with IPEM. 143 responses were received for the eighth annual edition of the survey, conducted by the CSA Institute with the support of 13 European national PE associations.
The industry expects a busy 2026 on the fundraising front, with 73% of respondents set to launch a new fund this year and the highest number on record launching new strategies. GPs are rapidly taking up the opportunity to grow their sources of capital: 98% of respondents now distribute to wealth investors, and more than ever have dedicated teams focused on these investors.
Since it inception in 2018, the IPEM barometer has gauged the mood of European GPs for the year to come. This year's survey captures views on the economic, business, and regulatory climate, and also delves into strategies for marketing to wealth investors and value creation.