One of the world's most watched institutional investors, the Yale endowment fund increased it's venture capital allocation to almost one-fifth of its endowment (!) in 2019.

We had the pleasure to host the majority of the Dutch institutional funds, an event full of rich conversation and exploration of the various trends in the global industry. Absolutely inspired by the fireside with Jochen Wermuth, who's an investor running a well-known German family office. Next to that, he's also in the investment committee of Germany’s new €24bn energy transition fund “KenFo".

We had an open discussion about venture allocation based on a value-investing approach.

As Jochen puts it, "faced with the “4th” or “Green Industrial Revolution” underway globally today, the lessons from the past are that every single member of the first-ever Dow Jones Index was wiped out by the time horse-drawn carriages were replaced by cars in large cities."

Similarly, in the coming decade not only 90% of all jobs are likely to be lost, but probably most of the listed companies today will have disappeared and a long-term investor will thus look to invest more in venture companies with technologies addressing the challenges of humanity today. Venture to win in the green industrial revolution?

The breadth of investment focus will, therefore, expand across various industries:

“The green industrial revolution is the nexus of the energy-, transport-, finance-, agricultural-, AI-, health-, education- and circular economy transitions going on globally driven by market forces”

Followed by a fireside with Harm de Vries, GP at Innovation Industries, who recently closed their 150M Fund II, cornered by PMT & PME. Sharing his vision on investment opportunities in early-stage high tech ventures and how to work with a pension fund as an LP.