Private Equity

A single-asset continuation vehicle may be justified when a manager wants to retain a high-performing “jewel in the crown” beyond the original fund’s life. Multi-asset vehicles, however, attracted greater scepticism by a panel of Luxembourg investors at the LPEA Insights event on 15 October 2026. Photos: Sylvain Barrette

LPs list their grievances; GPs had better listen

Europe’s private capital investors are running short of patience. As distributions slow and exits stall, LPs on a panel at LPEA Insights conference are challenging fees, scrutinising continuation vehicles and steering commitments towards specialist managers.

Sylvain Barrette • 16.10.2026

Mike van Kauvenbergh is head of Atoz ESG Solutions. (Photo: Julian Pierrot/Paperjam)

SFDR 2.0: what the proposed reform means for private assets

Mike van Kauvenbergh (Atoz ESG Solutions) • 16.10.2026

Gorka Gonzalez (Bpifrance) and David Liebmann (Apollo Global Management), alongside moderator Michael Sidgmore, discussed how private capital managers are widening access to individual investors at LPEA Insights 2026. (Photo: Paperjam)

Bpifrance raises €150m for defence from retail investors

Anissa Maamri • 16.10.2026

The opening ceremony of the Luxembourg Venture Days 2026 marked the start of two days of discussions focusing on the financing of innovation, private equity and the major challenges facing European private markets. (Photo: Paperjam)

Luxembourg Venture Days: ten key takeaways

Anissa Maamri • 16.10.2026

“If a valuation is too high, exiting investors take too much liquidity, penalising those who remain; if it is too low, those exiting receive less than their fair share,” said Jérôme Wigny, partner at Elvinger Hoss Prussen in an interview for the private asset supplement of Paperjam. (Photo: Julian Pierrot/Paperjam)

The high price of optimism: when fair value gets complicated

Sylvain Barrette • 16.10.2026

General partners (GPs) completing just five to ten deals a year may struggle to manage liquidity and maintain diversification in evergreen funds, said Tomislav Culic (second from the right), director and co-head of Global Wealth Solutions for continental Europe and Switzerland at KKR, during the “Best Practices in Evergreens” panel at the LPEA Insights conference on 15 October 2026. Photo: Sylvain Barrette

KKR’s Culic: “Not everything can go into an evergreen format”

Sylvain Barrette • 15.10.2026

As software becomes cheap and abundant, human trust, relationships, and historical experience become the scarce, non-commoditisable assets, said Alexandra Bud, conducting officer, Mangrove Capital Partners at LPEA Insights on 15 October 2026. Photo: Sylvain Barrette

Mangrove’s Bud warned against “automation bias with a human signature”

Sylvain Barrette • 15.10.2026

Hind El Gaidi, president of the LPEA, highlighted the challenges facing Luxembourg’s private capital industry and the need to innovate to remain competitive at LPEA Insights 2026. (Photo: Paperjam)

Luxembourg’s private capital industry faces a new turning point

Anissa Maamri • 15.10.2026

For data centres, securing a major electricity connection can take between seven and ten years – and sometimes as long as thirteen – in the most saturated European markets. Value is therefore shifting towards ‘powered land’, i.e. turnkey sites (with electricity included). (Photo: Shutterstock)

The nearly $1.2trn power plug

Thierry Labro • 15.10.2026

“Secondary portfolios consist of mature underlying funds that continuously generate distributions, providing organic liquidity to service redemptions,” said Nicolas Renauld, global head of private markets and head of asset management at Indosuez Suisse in an interview on 7 October 2026 on the sidelines of the Luxembourg Investment Forum. Photo: Indosuez

Indosuez’s Tiera Capital at 25: the case for patient capital

Sylvain Barrette • 15.10.2026

From left to right: the panel moderator from Luxinnovation, Carmel van den Berk (BVP), Amine Benmoussa (Karista), Meri Helleranta (Metl Venture Partners) and Remy Kesrouani (Kadmos Capital). (Photo: Paperjam)

Health AI: investors want outcomes, not just data

Anissa Maamri • 15.10.2026

Small startup teams can find themselves facing delegations of four to six corporate executives, making internal champions essential, said François Cordier (middle), founder and CEO of Leko Labs in a panel at the Luxembourg Venture Days held on 14 October 2026. Photo: Sylvain Barrette

Cleantech meets Goliath: turning corporate muscle into growth

Sylvain Barrette • 14.10.2026

From left to right: Nic Knapp (Tum Venture Labs), Candace Johnson (president emeritus of Eban), Luis Galveias (COO of LPEA), Cécile Lorenzini (Luxinnovation) and Audrey Ihne, moderator of the opening ceremony at Luxembourg Venture Days 2026. (Photo: Paperjam)

Luxembourg Venture Days strengthens its European ambitions

Anissa Maamri • 14.10.2026

Laurent Heiles, Chief Commercial & Operations Officer – International Life (Photo: Baloise Luxembourg)

BRAND VOICE - PRIVATE EQUITY

When long-term investing meets life insurance

Baloise Luxembourg • 14.10.2026

Sponsored content

Alain Kinsch, chairman of LuxSE, on the cover of the latest issue of Paperjam. (Photo: Julian Pierrot/Paperjam)

A deep dive into private equity in the latest Paperjam

Maëlle Hamma • 14.10.2026

Laurent Capolaghi is the private equity & managed service leader at EY Luxembourg. (Photo: Julian Pierrot/Paperjam)

Financial literacy: the missing piece

Laurent Capolaghi (EY Luxembourg) • 12.10.2026

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