The combined assets under management (AUM) of European alternatives stood at €2.95tn ($3.16tn) as of September 2022, said a study.

Of this, the UK and Western Europe both surpassed €1tn of private capital AUM in 2022, though the UK's share has fallen in recent years to reach a new low of 44% of the total at €1.04, according to the Alternatives in E