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The beginning of a brand new season is all the time a great time to revisit previous predictions and search for new matters to trace. Right this moment, dry powder and college spinouts. — Anna

Report ranges of dry powder in Europe?

In November of final 12 months, PitchBook made so many predictions on enterprise capital and personal fairness in Europe that it’s now reexamining them in a contemporary report.

The brand new report, titled “European Personal Capital Outlook: H1 Comply with-Up,” doesn’t simply take a look at whether or not PitchBook analysts have been proper or fallacious. It additionally reevaluates its forecasts and what modified since then to make new assertions.

A number of of PitchBook’s new predictions need to do with non-public fairness, however the one which caught my consideration relates extra on to startups: the quantity of enterprise capital that will or is probably not obtainable to them.

Sometimes called dry powder, the cash raised by VC funds that hasn’t been invested but was anticipated by PitchBook to succeed in file ranges in Europe this 12 months. Its EMEA Personal Capital analyst Nicolas Moura stands by the prediction, however the nuances between then and now are price exploring.