Investor Outlook: European private wealth

Europe-based private wealth investors plan to expand their exposure to private markets, according to our September 2025 private wealth survey. Evergreen funds, including ELTIFs, are unlocking access

• European wealth investors are at the early stages of allocating to private markets, and many have already begun to allocate toward these assets for added diversification

• These investors appear poised to increase their private market allocations, with optimism toward private equity performance over the next 12 months

• Many investors have incorporated ELTIF structures into their private markets portfolio. ELTIF 2.0 is seen as an improvement on the previous framework