Top 250 investors in Europe
Top 250 investors in Europe
Top 250 investors in Europe
Ranking most active investors on the continent
Ranking most active investors on the continent
Ranking most active investors on the continent
2023 Edition
2023 Edition
2023 Edition
The 2023 edition of the Top 250 Investors in Europe, which evaluates the managed Enterprise Values (EV) of private equity investors, reveals that the most active investors in Europe are also among the largest global investors in terms of fundraising totals.
The 2023 edition of the Top 250 Investors in Europe, which evaluates the managed Enterprise Values (EV) of private equity investors, reveals that the most active investors in Europe are also among the largest global investors in terms of fundraising totals.
The 2023 edition of the Top 250 Investors in Europe, which evaluates the managed Enterprise Values (EV) of private equity investors, reveals that the most active investors in Europe are also among the largest global investors in terms of fundraising totals.
Compared to some existing global investor rankings based on recent fundraising activity, we have chosen a novel approach in order to capture the geographical element as well as the investor specific (fund-related) technicalities. For a lot of large investors active in Europe, it is really hard or even impossible to distil what part of their fund will be allocated towards European businesses. Very few players raise Euro-denominated funds specifically for this purpose but other investors don’t. Furthermore, we feel there is a constraint when relying solely on fundraising data as you will not capture large and active investors that work without traditional fund structures (e.g. investing from the balance sheet, listed players, family offices, etc.)…
Compared to some existing global investor rankings based on recent fundraising activity, we have chosen a novel approach in order to capture the geographical element as well as the investor specific (fund-related) technicalities. For a lot of large investors active in Europe, it is really hard or even impossible to distil what part of their fund will be allocated towards European businesses. Very few players raise Euro-denominated funds specifically for this purpose but other investors don’t. Furthermore, we feel there is a constraint when relying solely on fundraising data as you will not capture large and active investors that work without traditional fund structures (e.g. investing from the balance sheet, listed players, family offices, etc.)…
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Leverage our insights to analyze the biggest investors in Europe
Leverage our insights to analyze the biggest investors in Europe
Leverage our insights to analyze the biggest investors in Europe
Highlighted insight
Highlighted insight
Highlighted insight
Distribution of European managed EVs.
Distribution of European managed EVs.
Distribution of European managed EVs.
Notes: European managed EV (by PE-owner‘s operational HQ).
Top 250 European investors
Top 250 European investors
Top 250 European investors
#
Investor
01
CVC
02
KKR
03
GIC
04
Cinven
05
Permira
06
Apollo
07
Bain Capital
08
Abu Dhabi Investment Authority
09
Ardian
10
Hellman & Friedman
HQ
European portfolio
Managed EV
Entries/Exits since '18
Median EBITDA
Fundraising since '18
GB
75 companies
€47.6bn
81/31
€91m
€43.2bn
US
60 companies
€30.8bn
108/30
€96m
€102.9bn
SG
36 companies
€28.8bn
37/9
€202m
-
GB
34 companies
€28.4bn
35/16
€103m
€22.9bn
GB
38 companies
€18.7bn
32/9
€65m
€33.1bn
US
15 companies
€17.5bn
22/11
€180m
€34.2bn
GB
39 companies
€16.4bn
38/13
€97m
€38.2bn
AE
15 companies
€15.1bn
13/1
€324m
-
FR
96 companies
€15.1bn
77/48
€30m
€33bn
US
9 companies
€14.8bn
8/4
€263m
€38.5bn
See all top 250 European investors
Leverage our insights to analyze the biggest investors in Europe
See all top 250 European investors
Leverage our insights to analyze the biggest investors in Europe
See all top 250 European investors
Leverage our insights to analyze the biggest investors in Europe
Methodology
Methodology
Methodology
The ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. Moreover, the managed EV is adjusted when the investor primarily engages in minority investments.
Investors who have executed less than 3 investments in Europe between January 2018 and June 2023 are excluded from the ranking. Investors with an overall negative median portfolio EBITDA were also excluded in the ranking. Therefore this ranking is focused on traditional buyout investments vs. growth investments.
Fundraising data, investor entries and exits refers to a time frame from January 2018 and June 2023. Fundraising data includes investors’ global strategies and is not restricted to Europe only.
The ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. Moreover, the managed EV is adjusted when the investor primarily engages in minority investments.
Investors who have executed less than 3 investments in Europe between January 2018 and June 2023 are excluded from the ranking. Investors with an overall negative median portfolio EBITDA were also excluded in the ranking. Therefore this ranking is focused on traditional buyout investments vs. growth investments.
Fundraising data, investor entries and exits refers to a time frame from January 2018 and June 2023. Fundraising data includes investors’ global strategies and is not restricted to Europe only.
The ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. Moreover, the managed EV is adjusted when the investor primarily engages in minority investments.
Investors who have executed less than 3 investments in Europe between January 2018 and June 2023 are excluded from the ranking. Investors with an overall negative median portfolio EBITDA were also excluded in the ranking. Therefore this ranking is focused on traditional buyout investments vs. growth investments.
Fundraising data, investor entries and exits refers to a time frame from January 2018 and June 2023. Fundraising data includes investors’ global strategies and is not restricted to Europe only.
Download the full report
Download the full report
Leverage our insights to analyze the biggest investors in Europe
Leverage our insights to analyze the biggest investors in Europe
Download the full report
Leverage our insights to analyze the biggest investors in Europe