Insights from the 2023 Benelux Private Equity & Venture Capital Breakfast

November 8th, 2023, Amsterdam

Pedersen & Partners together with CMS Netherlands hosted today the Benelux Private Equity & Venture Capital Breakfast. This well-attended event created a lively and agile atmosphere from renowned international private equity funds to discuss, debate, and network.

2023 Benelux Private Equity & Venture Capital Breakfast


The panel discussions were led by

  • Erik Fuchs – Head of Benelux, Ufenau Capital Partners
  • Daan Gankema – Investment Director, Inflexion
  • John Luijs – Partner, DELTA Equity Partners
  • Brigitte van der Maarel – Managing Partner Karmijn Kapitaal
  • Gerald Nijdam – Managing Director, Lazard
  • Richard Reis – Partner, Argos Wityu
  • Wouter Snoeijers – Senior Managing Director, Investment Originations
  • Sander van Woerden – Founding Partner, Lexar Partners

The panel discussion was co-chaired by

  • Mark Ziekman – Partner, CMS Amsterdam, and
  • Poul Pedersen – Executive Chairman, Pedersen & Partners.

Here are the key takeaways summarized by Hans Lodewijks, Country Manager, Pedersen & Partners:

  • External factors, such as high-interest rates, military conflicts, and low unemployment rates, have negatively impacted deal activity.
  • While quality deals still attract considerable attention and good valuations, they are becoming less common.
  • Leverage has become more expensive, and the IPO exit path is currently closed. The use of continuation funds is increasing
  • Many funds have lots of dry powder, and new Benelux funds are still being raised
  • ESG considerations, including diversity, are considered highly important among Benelux private equity and venture capital players. 

Pedersen & Partners is a leading global Executive Search, Leadership Consulting, and Board Services firm. We operate 54 wholly owned offices in 50 countries across Europe, the Middle East, Africa, Asia & the Americas. Our values Trust, Relationship and Professionalism apply to our interaction with clients as well as executives.