European private equity, venture capital industry condemns Russia attack on Ukraine; stands in full support of the Ukrainian people

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Brussels, Belgium, 2 March 2022 – Invest Europe – the association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors – and national associations utterly condemn the invasion of Ukraine by the Russian Federation, and stand in full support of the Ukrainian people.

We are profoundly saddened by the tragic loss of life and human suffering in Ukraine. Any consideration of economic losses is, of course, irrelevant compared to the worry for our fellow European citizens in Ukraine, including our colleagues and the tens of thousands of employees of companies they back.

As such, Invest Europe will make a sizeable donation to support the work of the International Committee of the Red Cross in Ukraine. We have equally issued the call to our 610 members to boost this funding further.

Europe’s private equity and venture capital industry are more than just observers of political events: we are investors, partners to entrepreneurs, employers and a continuous force for growth in markets and people.

Security, predictability and accountability are the cornerstones of a vibrant private equity and venture capital market, framed by the laws and regulations in which the market operates, as part of global value-chains. From a narrow – and in these early days barely relevant – industry perspective, we are saddened to see a blooming economy, private equity and venture market in Ukraine wilt under the weight of war.

We stand behind the people of Ukraine. We stand together as an industry.

 

For media enquiries please contact:

Eric Drosin, Communication Director
Mobile +32 (0)493 51 19 82
eric.drosin@investeurope.eu

 

About Invest Europe

Invest Europe is the association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors.

Our members take a long-term approach to investing in privately held companies, from start-ups to established firms. They inject not only capital but dynamism, innovation, and expertise. This commitment helps deliver strong and sustainable growth, resulting in healthy returns for Europe’s leading pension funds and insurers, to the benefit of the millions of European citizens who depend on them.

Invest Europe aims to make a constructive contribution to policy affecting private capital investment in Europe. We provide information to the public on our members’ role in the economy. Our research provides the most authoritative source of data on trends and developments in our industry.

Invest Europe is the guardian of the industry’s professional standards, demanding accountability, good governance and transparency from our members.

Invest Europe is a non-profit organisation with 27 employees in Brussels, Belgium.

For more information visit www.investeurope.eu.

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