The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga, industry discussions, networking and evening drinks, the knowledge sharing showed no lack of enthusiasm as private markets practitioners contributed to a range of topics, from the LPs’ perspective.
Rays of hope shine on Europe’s deal landscape
After the general malaise of 2023, Europe’s private market industry is starting to find its mojo again. There was, undoubtedly, a growing sense of optimism among GPs and LPs during the morning session on Day 1 of the 10th edition of IPEM in Cannes.
IPEM Cannes 2024 started with the Pre-Opening Day, on January 23rd: The IPEM Cannes 2024 Croisette Express (for those who purchased a ticket), and then the Grand Opening Party (opened to all IPEM participants) to celebrate the 10th edition of IPEM!
Discover in this article IPEM Cannes 2024 Areas with their practical information. Get ready for the most awaited private capital event of the year 2024, with more than 3,200 participants gathered at the Palais des Festivals!
European growth capital had a particularly strong year in 2022. According to Invest Europe it was the best performing segment, generating a net IRR of 15.34%. Over a three- and five-year period, European growth funds – which typically take minority stakes in high growth firms that are cashflow positive yet lack a long enough track record to take on significant debt (as one would see in buyouts) – have generated 21.63% and 20.39%.