Chart

The speed at which different types of LPs are ramping their commitments to European VC is reflected in the relative size of aggregate commitments in 2019 versus the trailing average of commitments over the four prior years. Looking at the data in this way gives a simplified view on which LP types are growing in relative terms versus the overall increase in funds raised, and those which are growing slower or declining in relative terms. Encouragingly, insurance companies, pension funds, and endowments and foundations made the greatest relative increase in their allocations to European VC.