Private Markets Overtake Public Markets in Capital Raising, Says LSE Deputy CEO

London Stock Exchange Deputy CEO Charlie Walker stated at an LSEG Innovation Forum on 4 November 2025 that private markets raise more capital than public markets, particularly regulatory-based capital. The FCA's overhauled listing regime, effective 29 July 2024, collapsed the premium and standard segments to lower listing friction in London. Walker's observation is structural, not a forecast.