CRYPTO NEWS AROUND THE GLOBE

A closer look at the tough month for spot bitcoin ETFs

ETFs on pause but investors are starting to buy back, what consequences?

Crypto investment outflows reach 3-week streak with $435m

Renzo is coming to Binance Launchpool: how to participate to earn REZ tokens?

Bitcoin halving was 'not priced in' despite recent correction, analyst says

Bitcoin Price Prediction: Surges to $64,500, Rare 'Epic Sat' Sells for $2.1M

Crypto: A $500 million liquidation threat on Ethereum

Cryptocurrency is making a comeback on Stripe

The European Union Strengthens Controls On Cryptos: True Or False?

Alien CryptoPunk sells for $12.5m as rare NFT trading heats up

Crypto: FTX is getting rid of its Solana, what impact on the price of SOL?

Renzo’s ezETH falls as low as $700, leading to $56m in liquidations

Meet this ex-poker tournament organizer who is launching his euro stablecoin

Bitcoin: Btc Outperforms Tesla (Tsla) Stock For The First Time Since 2019

A drawdown for DEXs: Traders on Ethereum hits lowest level since February

NEKO Cat Token Soars 7,100% and All Eyes Turn to This New Dog Coin That Just Secured $10 Million Funding

Ethereum Vs Restaking: Eigenlayer Facing A Yield Crisis?

SafeMoon CEO John Karony Claims He's "Innocent" Of Multi-Million Crypto Fraud Scheme

Shiba Inu (SHIB) raises $12 million to create layer 3 based on anonymity

Turkey's investing app Midas raises $45m to double down on crypto

Swiss Bitcoin advocates launch campaign to include BTC in National Bank reserves

Crypto & Web3: Things to watch closely this week

Find out how to transform 10 euros into 100k with Bitcoin Runes

After 6 weeks of accumulation, Ethereum ready to soar? ETH analysis of April 19, 2024

Best Crypto to Buy Now April 19 – Bitcoin, Dogwifhat, THORChain

Billionaire Mark Cuban weighs in on the bitcoin halving

Why Brevan Howard’s crypto boss plans to tap AI and blockchain opportunities

Worldcoin launches layer 2 blockchain as eye scanning venture hits 10m users

Europe dominates crypto banking with 63 providers

French Usual raises $7M with its stablecoin USD0

All Crypto News Around The Globe

Preqin unveils 2024 insights on private equity in France

Christoph Knaack, Preqin CEO | Preqin

By A. I. Benavidez

Oct 9, 2024

Preqin has released a fact sheet titled "Private Equity in France 2024," which highlights key sectors such as healthcare, technology, and energy following political shifts in 2024. The consolidation of private equity funds in 2023 led to increased capital raising with fewer funds, supported by government initiatives.

According to Preqin, the consolidation of private equity funds in 2023 resulted in an increased average fund size of €673 million, indicating a trend toward fewer funds managing larger capital amounts. Notable fund closures included Astorg VIII at €4.4 billion in May 2024 and Latour Capital IV at €1.2 billion in June 2024.

The French government's France 2030 initiative has emphasized investment in sectors like healthcare, technology, and renewable energy to foster innovation and economic development. This focus has enhanced France's appeal as an investment destination. According to Preqin, 55% of capital entering France-based funds in 2022 came from international investors, surpassing the ten-year average of 49%.

Get the Newsletter

Sign-up to receive weekly round up of news from Crypto Republique

The involvement of the sovereign wealth fund BPI France, along with industry association France Invest, underscores ongoing efforts to boost private capital investment amid political changes following Emmanuel Macron's re-election in July 2024. Collectively, they invested €36 billion in 2022.

Private equity fund managers in France have seen a significant rise in assets under management (AUM), increasing from €75.2 billion in 2014 to €242 billion by the end of 2023. Despite challenges in deal-making, managers deployed €157 billion in 2023. However, the proportion of dry powder—unallocated capital—has fluctuated since 2018 due to market uncertainties. If these issues improve, dry powder may represent a smaller share of AUM moving forward.

Preqin was founded in 2003 and serves over 48,000 clients with data on alternative assets through its team of more than 1,500 staff across global offices. The company specializes in delivering data and insights to enhance decision-making within the finance sector.

Organizations Included in this History

Preqin

More News

Crypto Comments

Loading...

No comments available.