Partner Ed Lee has contributed his thoughts to an article with Guernsey Finance that shows that Guernsey remains the most prevalent jurisdiction for European venture capital funds. The article draws on our own venture funds data which forms a key part of Proskauer’s annual ‘Under the Microscope’ report. The report brings to light key data that provides a comprehensive analysis of the European venture capital fundraising market, including insights into jurisdictional trends and fund strategies in times of macroeconomic uncertainty.

Representing over €11 billion in capital, the team analyzed 32 key data points and conditions from 38 European-focused venture capital funds raised from 2022-2023 ranging in size from €22M-€900 million. The funds were all either specifically focused on Europe or had Europe as a core geography in their investment strategy.