pensions
2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Apr 23, 2015 by John Taylor · across every show →
Everything said about pensions, oldest first
Apr 23, 2015 negative
Aging populations prevent pension funds from committing to VC lockups
“But with the pensions now seeing aging populations, they're generally not in a position to be doing the 10 to 12 to 14 year lockup, which a venture capital fund typically is. They can't commit to that level time frame of the liquidity.”
Nov 23, 2015 neutral
Future generations will manage pensions individually rather than through states
“20 years ago, if you look at our parents or our parents' parents' generations, pensions were generally handled entirely by the state or by large employers. That won't be the case for this generation and certainly not for the next generation.”