7,100 Q2 4,667 4,707 4,474 4,293 4,093 4,080 2022 4,053 3,380 2,922 2,810 EUROPEAN PE Breakdown 2012 2022* Deal value (€B) Estimated deal value (€B) Deal count Estimated deal countContents Introduction 3 4 8 9 PitchBook Data, Inc. John Gabbert Founder, CEO Overview Nizar Tarhuni Senior Director, Institutional Research & Editorial Dylan Cox, CFA Head of Private Markets Research Deals by size and sector Spotlight: How PE firms will navigate today¡¯s complex macro environment Institutional Research Group Exits 11 Analysis Fundraising 14 Dominick Mondesir Senior Analyst, EMEA Private Capital Data Charlie Farber Senior Data Analyst pbinstitutionalresearch@pitchbook Publishing Report designed by Chloe Ladwig Published on July 18, 2022 Click here for PitchBook¡¯s report methodologies. 2 Q2 2022 EUROPEAN PE BREAKDOWNIntroduction Despite a tighter policy environment, European private equity (PE) dealmaking continues to be incredibly resilient in H1 2022. Sponsors¡¯ record dry powder levels, and the rise of private credit funds has kept the deals environment moving, as the syndicated loan and high yield debt markets come under stress. Sponsors doubled do