𝗦𝗰𝗮𝗹𝗶𝗻𝗴 𝗠𝗮𝗹𝘁𝗮’𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺: 𝗣𝗘𝗩𝗖𝗔 𝗠𝗮𝗹𝘁𝗮 𝗠𝗲𝗲𝘁𝘀 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝗲𝗿 𝗔𝗹𝗯𝘂𝗾𝘂𝗲𝗿𝗾𝘂𝗲

PEVCA Malta was pleased to meet with Ms Maria Luís Albuquerque, the EU Commissioner for Financial Services and the Savings and Investments Union (SIU), to discuss the future of the island’s private capital landscape.

Our delegation, led by PEVCA Malta Chairman Martin Galea and Secretary General Herald Bonnici, was joined by representatives from SuperCharger Ventures and GO Ventures. Together, we highlighted how Malta’s unique position as a cross-border hub can support the Commissioner’s mission to mobilise Europe’s "idle" capital.

With her extensive background as Portugal’s Finance Minister and her recent experience in the private equity and banking sectors, the Commissioner brings a highly pragmatic, "real-world" perspective to Brussels. She understands that for the SIU to succeed, we must bridge the gap between regulatory policy and the technical "pain points" faced by fund managers.

Our discussion focused on how Malta can lead the charge in mobilising capital:

• Activating "Dormant" Capital: Malta holds €40.5 billion in bank deposits. We discussed creating the right incentives to move these savings into the "real economy" through Private Equity and VC, fuelling innovation rather than sitting idle. 

• Strengthening the Ecosystem: We highlighted the need for the SIU to support the "architects" of this transition. Associations like PEVCA Malta need institutional capacity to guide our 70+ members through complex EU implementations. 

• Refining the "Passport": While vehicles like ELTIF 2.0 are excellent in theory, we discussed the need to reduce local regulatory friction. A fund authorised in Malta should enjoy a seamless journey across all Member States to ensure the EU "Passport" is truly effective.

Malta’s economy grew by 5.9% in 2024, and with the right framework, our private capital sector is ready to help our SMEs scale far beyond our shores. 

We look forward to a continued, collaborative dialogue with Commissioner Albuquerque to turn these shared goals into reality.