As part of this series, we asked , president of the Luxembourg Private Equity & Venture Capital Association (LPEA), about key issues in the industry for 2024. Mansfeldt told Delano:

“Education and deregulation. The LPEA wants to educate people about the critical importance and material benefits of private equity and venture capital in a capitalist system, which we inhabit, in terms of increased efficiency and employment.”

“The education starts at the top. Government pension funds can, for instance, reduce future budgetary transfers by obvious improvements in investment portfolio returns (by adding PE). Personal savings can similarly benefit. Private pensions on offer today still leaves investors short of top-class global PE portfolio allocations.”

“Regulations overall, in the industry, are bordering prescriptive day-to-day micro-management, unlike public markets where people are free to manage businesses and free to trade risk capital products, as adults, using their own brains.”

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