To create, develop and maintain a Pan-European market for Private Placements. It is an association aimed at furthering the interests of institutional investors in the Pan-European Private Placement market and provides a platform for the sharing of information, coordinated lobbying and the participation in industry-wide initiatives.

Private Placements take many forms. For the purposes of EUPPA, a Private Placmement comprises a medium or long-term corporate debt transaction provided by a small number of institutional investors based on deal-specific negotiated documentation, generally, but not necessarily, with the participation of one or more bank intermediaries as arranger(s). Instruments such as equities, covered bonds and securitization products are often privately placed but are outside the scope of EUPPA.

Membership is open to insurance companies, pension funds, asset managers, banks, debt advisors, law firms, accountancy firms and others who have an interest in the development of a Pan-European Private Placement market. Institutional investors may become full members. Others will be associate members.

The membership fees are determined by the Board of the Association and are payable per calendar year. Details are available on request. The full fee is payable regardless of when during the year a member is admitted. The Board has the right to change the annual contribution each year.

Only institutional investors may become full members. Others will be associate members. The board decides whether or not an applicant qualifies as an institutional investor. The full members appoint the members of the board. Otherwise, all members have equal rights.

The board is appointed by the full members. 2/3 of the board will be made up of representatives of institutional investors. The Association is keen to benefit from the views of the wider Private Placement industry and so up to 1/3 of the board may be drawn from the associate membership.

  • Joost van der Does de Willebois (chairman)
  • Arnold Gast
  • Erik Hylarides
  • Calum Macphail
  • access to a community of investors and financial institutions
  • become directly engaged in market developments – EUPPA is currently represented in working groups established by ICMA and LMA
  • benefit from sharing information and working towards development of industry standards
  • gain influence through lobbying by EUPPA
  • gain access to publications and market information gathered by EUPPA
  • better positioning to help shape the growing Pan-European Private Placement market

Clifford Chance, Delta Lloyd, NIBC, M&G, Allen & Overy and Robeco.

An association (Vereniging) under Dutch law. This type of legal entity is widely used for similar initiatives and provides the approriate governance system for an association of this type.