0100 Europe will return to Amsterdam from April 2 to 4, 2024, bringing together 700 LPs, GPs, and SPs from the global private equity and venture capital industry. Organized by Zero One Hundred Conferences, this premier event offers an exclusive platform for top investors and industry leaders to connect and analyze emerging trends, investment strategies, and key market shifts shaping the future of private markets.
As the industry faces challenges related to liquidity and exits, fundraising uncertainty, valuation corrections, regulatory changes, and macroeconomic volatility, two investment strategies stand out as critical focus points for 2025: growth investing and the rise of the secondary market, as highlighted by key speakers at the upcoming conference.
The Rise of the Secondary Market
The secondary market has grown 16 times over the past 15 years, becoming a key liquidity tool. Joaquín Alexandre Ruiz, Head of Secondaries at the European Investment Fund (EIF), explains: “We have gone from a $10 billion market in 2009 to over $160 billion last year, with projections reaching $200 billion in 2025. This growth is largely driven by low capital distribution and the liquidity needs of LPs.”
With GP-led transactions now representing half of the market, continuation funds, portfolio sales, and partial sales have become essential liquidity solutions. Ruiz highlights the impact of the secondary market on industry dynamics: “Securing liquidity in today’s market requires creativity. Many GPs are using the secondary market not only to develop strategic assets but also to return capital to LPs.”
Growth Investing in Europe: Bridging the Capital Gap
The growth capital ecosystem in Europe is at a critical juncture, as large exits remain scarce and investor caution slows momentum. Shu Nyatta, Founder and Managing Partner of Bicycle Capital, compares this challenge to Latin America, where his firm invests: “The growth capital gap is real in both Latin America and Europe, but for different reasons. Latin America has never had a steady flow of growth capital, while Europe faces a sense of unmet expectations due to the lack of large exits.”
Despite having world-class early-stage venture funds, Europe’s growth equity markets must evolve. Nyatta emphasizes that the next wave of growth capital must focus on capital efficiency and resilience to ensure long-term success: “The next wave of growth capital must prioritize unit economics, resilient business models, and capital efficiency to drive sustainable success.”
A Gathering of Industry Leaders
0100 Europe will provide an in-depth analysis of how fund managers, investors, and institutions are addressing current challenges. Pavol Fuchs, CEO of Zero One Hundred Conferences, highlights the event’s role in shaping the industry’s future:
“As private markets evolve, adaptability is key. Finding the best opportunities—whether in the secondary market, growth investments, or co-investments—depends on strong, long-term relationships built at events like this. The 0100 Europe conference provides an exclusive environment where investors and fund managers can exchange strategies, explore new opportunities, and connect with the most influential players in the industry.”
