7.3 billion euros in new investments, of which 970 million euros in Bavaria, 430 million euros in VC investments — the Federal Association of German Private Equity and Venture Capital (BVK) takes stock.
In the first half of 2017, investment companies invested EUR 7.3 billion, more than ever before in a single half-year. Peter Pauli, Managing Director of BayBG and board member of the BVK, said at the balance sheet presentation in Munich:
"2017 is shaping up to be one of the highest-volume years for the German private equity industry. This development is characterized by a number of major majority takeovers. However, investments in the venture capital segment and minority investments are also at a relatively high level."
Venture capital investments reached their highest volume since 2008 in 2016, at EUR 0.93 billion. In the first half of 2017, VC investments totaled EUR 0.43 billion, the same level as in the first six months of 2016. Ulrike Hinrichs, executive BVK board member, says:
"German startups are currently benefiting from a lively investment environment. There's currently no end to this trend in sight, and we expect investments to remain at least at the previous year's level."
Bavarian investment market: “Stabilization at a high level”
Private equity and venture capital firms invested a total of €970 million in 130 Bavarian companies in the first half of 2017. This roughly corresponds to the figures for the second half of 2016. Peter Pauli calls this "stabilization at a high level."
