European Lincoln Private Market Index Q2 2025 Report

The document is a report on the European Lincoln Private Market Index (LPMI) for the second quarter of 2025. It provides an overview of the index's performance, which tracks changes in the enterprise values (EVs) of privately held European companies. The report indicates that the LPMI achieved a growth of 1.3% quarter-over-quarter, reaching a value of 15,080. This growth was attributed to better-than-expected earnings, which offset a contraction in multiples amidst market volatility. The report also compares the LPMI's performance to public market indices, noting that private company EV growth outperformed the FTSE 250 and STOXX 600 over the last twelve months. Additionally, the report examines sector performance, highlighting that UK companies experienced greater EV growth than those in the Eurozone. The document concludes with insights into the trends affecting private market investments and the implications for investors.