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.
Part 1 - 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)
Part 2 - 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 (via Zoom)
- Antoine Colson, IPEM (m)
Part 3 - 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
if you don’t have time to watch the recording and would rather read the briefing,
>> click here <<
European LP / US GP Intelligence Brief
Are European LPs Already Investing In Your Fund?
Understand exactly what LPs are looking for, and what's keeping them out.
$50B raised in US small buyout in 2025
20–40% of capital from Europe for committed GPs
10-15 Distinct European LP markets to navigate
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