Under one roof: Invest Europe creates Listed Private Capital roundtable; integrates LPeC

  • Invest Europe unites representation of all private equity market participants

Invest Europe, the association representing Europe’s private equity, venture capital and infrastructure sectors, today announces the integration of the leading international association for listed private capital, LPeC, as Invest Europe’s Listed Private Capital Roundtable, strengthening representation for the entire private equity industry in Europe.

The integration of LPeC meets the listed private capital association’s strategic objective to increase its scale and influence, alongside Invest Europe’s goal to be a strong voice for all private equity in Europe. The agreement reflects the evolution the growing private capital industry, illustrated by the rising trend among European private equity managers to pursue stock market listings, as well as the shift to democratise access to the asset class for retail investors.

  • The Listed Private Capital Roundtable will bring together listed GPs and LPs, as well as those with listed vehicles, from across Invest Europe’s four platforms: Venture Capital, Mid-Market, Global Private Equity and Limited Partners. As part of the integration, LPeC CEO Deborah Botwood Smith, will join Invest Europe’s management team from January.

Founded in 2006, LPeC has represented the leading listed private capital groups in the UK, Continental Europe and North America, as well as their advisers. Over the last decade, global listed private equity has increased six-fold in size to represent a market value of €326 billion. The combined market cap of UK and European listed firms stood at €263 billion at the end of October 2022, according to LPX data.

Invest Europe will support the listed private capital segment with increased communications, advocacy, events, data and research, as well as back-office resources. Its objectives will be to promote listed private capital through market and investor education, address regulation affecting the segment, provide networking opportunities for firms and investors, and increase understanding of the industry’s evolving investor base.

Eric de Montgolfier, CEO of Invest Europe, commented:

  • “The integration of LPeC with Invest Europe brings all European private equity market participants together under one roof. It strengthens our voice and extends the reach of listed private capital at a time when many firms across the continent are considering listed structures and ways to democratise access to private markets for a broader group of individual investors.”

The decision to join forces was agreed unanimously by the boards of Invest Europe and LPeC and takes place with immediate effect.