European private equity outperforms listed equities over long term, new research shows.
- European buy-outs delivered an IRR of 15.00%, beating MSCI Europe index return of 5.84%
- European VC returns an IRR of 16.79% over a 10-year horizon, close to that of North American funds
Invest Europe, the association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors, today published two new reports demonstrating private equity’s long-term outperformance of public equities. The data shows that European buy-outs delivered an annualised net IRR of 15.00% since inception to end-2019, far ahead of the 5.84% achieved by the MSCI Europe, while growth investments and venture capital also clearly beat equities benchmarks.
