Economic integration, the trend of deregulation and privatization, surging M&A activity, and the increasing acceptance of leverage in corporate financing have provided the catalyst for an expanding European high-yield market.
An assessment of the opportunities and risks in the venture capital industry in the U.K. and continental Europe using the following criteria: economic environment, cultural attitudes, deal flow, investment skill, management pool, regulatory environment, capital availability, technology breakthroughs, and availability/liquidity of IPO markets.