This is the first annual Financial News 40 Under 40 Rising Stars of Private Equity, Financial News’ editorial pick of the brightest up-and-coming men and women in the European private equity industry.

Not widely known for its vast array of young talent, the private equity industry has witnessed a sweeping generational change over recent years. Firms across the buyout market have changed their leadership structures to welcome a new generation of dealmakers, as the founding fathers of the industry edge their way to retirement.