ESG regulation is the “biggest obstacle” to successful fundraising in Europe

North American fund managers believe the regulatory environment is the “biggest obstacle” to successful fundraising in Europe, with European ESG regulation in particular being a deterrent. Ocorian conducted research with US and Canadian fund management executives from private equity, private debt, real estate, venture capital and infrastructure. The executives chose their top three challenges they faced in successfully fundraising in Europe. Nearly half of the chosen executives chose Europe’s regulatory environment as their top three challenges at 49%. Behind that was issues around reporting at 38%, followed by liquidity profile at 37%. Furthermore, the study found that 99% of these