Pension funds lead PE investment despite downturn

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EUROPE - European private equity investment dropped by nearly one third last year despite strong inflows from pension funds, according to an annual survey from the European Private Equity and Venture Capital Association (EVCA).

The data which covered 28 European countries showed investment totalling EUR 24.3bn in 2001; a drop of around 31% on the previous year. Chairman of EVCA Edoardo Bugnone, said: “2001 was a year ...

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