New data reveals that fundraising by the British private capital industry surged in 2025, driven by LPs allocating more to Europe-focused funds, a high proportion of which are operated out of London. UK Private Capital’s latest annual Report on Investment Activity shows that British private capital funds had a strong year in 2025, with the total amount raised reaching £58.7bn – compared to £34.8bn in 2024, making it the third highest amount raised on record.