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Pension Capital and the Scaleup Gap

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Europe's largest pools of long-term capital are its pension funds and insurers. Their allocations to venture and growth remain a rounding error, and European scaleups raise their late-stage rounds from US and Asian investors instead.

Following the European Growth Pension and Insurance Summit at TechBBQ in Copenhagen, we go through the numbers behind the allocation gap:

  • Who funds European growth rounds today

  • How European institutional allocation compares to the US

  • Which countries and funds are moving first

  • What the pipeline of scaleups actually needs


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