What European LPs want from the US Mid-Market

US buyout and private credit remains one of the most important exposures for European allocators to get right, but accessing and underwriting fund investments can be harder than it seems. Similarly, US  GPs perceive that building a European LP base can be complex and time-intensive.

On 27 April 2026 in New York, IPEM hosted a roundtable at the offices of Ropes & Gray which brought together an expert group of investors and fundraisers. The key question was to whether these pre-conceptions were valid and, if not, to debunk some of the myths that exist on the LP and GP side. 

Watch the full recording of the roundtable to learn more about the dynamics. 

Programme

The US Mid-Market Investment Climate

A focused overview of current dynamics in the lower US mid-market—an area rich in opportunity, yet often under-allocated or difficult to access for European LPs, including testimonials from US GPs active in the segment.

• Steve Graham, Graham Capital

• Jonathan Tubiana, Abbott Capital

• Antoine Colson, IPEM (m)

European LP Perspectives on Manager Selection

What truly drives European capital into US mid-market funds? Direct vs. fund-of-funds strategies, selection criteria, and key trade-offs including testimonials from LPs allocating to the US.

• Jonathan Tubiana, Abbott Capital

   

• Susanne Forsingdal, PE Club

   

• Sylvain Froissard, Dentrassangle Global Opportunities

   

• Antoine Colson, IPEM (m)

On the Fundraising Trail: GP Perspective

How US GPs approach Europe: from strategy to execution. Building target lists, securing meetings, navigating cultural differences—and what really works (or doesn’t). Does conventional wisdom hold up? What defines an effective European fundraising strategy today?

• Tiffany Johnston, Blue Owl

   

• Eve Ellis, Ropes & Gray (m)