2025 was a good year for European PE activity. But not all signals are pointing up.
Entries are back to 2022 levels. Exits up for the second year running. €1bn+ deals back at 2021 levels. On the deal activity front, the market is getting into a rhythm.
On the other hand, the holding periods are getting longer. Fundraising remains difficult. Exits, while up, are still slow compared to the backlog.
Given this backdrop, where does European PE go from here?
Join our Co-Founder & Co-CEO of Gain Nicola Ebmeyer, alongside Tilman Ost, Global Private Equity Advisory Leader, KPMG, as they unpack the key findings from our H1 2026 State of European Private Equity report.
In this webinar, we discuss:
Entry and exit trends and what do they tell us? What is driving the shift towards mega deals?
What do longer holding periods signal about returns? Why are certain assets proving harder to exit?
Why is Europe becoming a more attractive destination for American investors?
Where is the next big opportunity? What does the healthy exit pipeline tell about the market?
Can private credit worries spill over to private equity? Predictions for 2026 and beyond.





