Research

PE & VC at Work

Employment & job creation across Europe

Private equity and venture capital are a cornerstone of the European economy present in every region and every major business sector across the continent. From technology and life sciences start-ups to manufacturing small and medium-sized enterprises (SMEs) and large consumer-focused multinationals, private equity and venture capital backed companies support millions of high-value jobs driving prosperity and growth in the process.

At the end of 2022, private equity and venture capital backed companies employed 10.9 million people across Europe – roughly equivalent to the entire population of Greece. That figure represents some 4.3% of all European workers and is more than the workforce active in the farming, fishing, and forestry sectors in Europe. Across countries and regions, private equity and venture capital backed businesses are part of the glue holding societies together, providing work and opportunities for people in cities, towns and rural communities.