nowhere near enough, unfortunately > For example, EU pension funds allocate just 0.02% of total assets to VC, compared with almost 2% for US pension funds. And

nowhere near enough, unfortunately > For example, EU pension funds allocate just 0.02% of total assets to VC, compared with almost 2% for US pension funds. And this percentage is applied to a much larger asset base: over 140% of GDP in the United States compared with around 30% in the EU. > In Europe, approximately €11.5 trillion is held in cash and deposits. This is one-third of households’ total financial assets. In the United States, the figure is around only one-tenth. https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp241122~fb84170883.en.html https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp241...