Triumphant 10th Edition of IPEM in Cannes: Highlights from the International Conference
Triumphant 10th Edition of IPEM in Cannes: Highlights from the International Conference: The 10th edition of IPEM, hosted at the Palais des Festivals in Cannes, celebrated a remarkable success, attracting the crème de la crème of the European private markets industry. With a substantial 28% growth compared to the previous year, the event brought together over 3,300 delegates, including 483 GPs, 322 investors, and 306 advisors, representing 1,307 companies from 46 countries.
Kicking off with a morning dedicated to exploring the evolving role of Limited Partners (LPs), the second day of IPEM set the tone for discussions. Following a day filled with yoga, sector-specific discussions, networking, and enjoyable evenings, the morning session delved into knowledge-sharing, with palpable enthusiasm from private markets practitioners.
The central theme of the first session centered around “How does the practical rebalancing of power work?” featuring insights from Anastasia Amoroso, Chief Investment Strategist at iCapital, and Bruno Sollazo, Group Head of PE Investments at Generali. Discussions underscored the impressive growth of the private markets industry over the last decade, attracting increased interest from private investors and regulatory scrutiny.
Anastasia Amoroso highlighted the significance of transparency and compliance as the sector eyes a potential $28 trillion in the next 15 years. Recent SEC regulations introduced last summer emphasize the industry’s need for heightened transparency.
The latter part of the day featured engaging summit sessions, covering topics such as energy transition, private debt, private markets consolidation, and the ascent of continuation funds. Discussions illuminated the growing importance of ESG (Environmental, Social, Governance) integration and climate mapping in shaping investment decisions.
The summit on energy transition highlighted critical subjects, including ESG integration and climate roadmaps as indispensable considerations. Speakers emphasized the necessity of aligning investments with climate impact and biodiversity.
In conclusion of this memorable edition, Antoine Colson, CEO and Managing Partner of IPEM, expressed gratitude to the participants, contributing to making this 10th edition an exceptional experience. “We eagerly anticipate reconnecting with you in September 2024 in Paris for our grand international fundraising gathering!”
The event wrapped up with a celebratory cocktail on the terrace, offering participants a moment of relaxation and networking as the sun gracefully set over the picturesque city of Cannes.