
Can Kati ter Horst prove Europe can still make things?
Outokumpu CEO Kati ter Horst on steel, free trade, Europe’s competitiveness, AI, sustainability, and leading when the old rules are gone....
January 30, 2025 • by Karl Schmedders, Raphaël Grieco in Capital Conversations • Podcast available
The CIO at Portfolio Advisors discusses the challenges of realising returns in an increasingly sophisticated VC market...
Apple SpotifyFounded in 1994, Portfolio Advisors is an experienced private markets manager with dedicated primary, secondary, co-investment, real estate and direct credit teams. In 2023, Portfolio Advisors combined with FS Investments, a pioneer in the democratization of alternative assets. Together, they manage over $82 billion in assets.
In this episode of Capital Conversations, Portfolio Advisors CIO Liz Campbell focuses on the complex and evolving landscape of venture capital liquidity options, underscoring the importance of patience and long-term thinking in assessing when liquidity is truly warranted.

Professor of Finance
Karl Schmedders is a Professor of Finance, with research and teaching centered on sustainability and the economics of climate change. He directs the Strategic Finance (SF) program and teaches in the Executive MBA programs. Passionate about sustainable finance, Schmedders believes that more attention needs to be paid to on the social (S) and governance (G) aspects of ESG to ensure a fair transition and tackle inequality.

Research Associate at the IMD Venture Asset Management Initiative
Raphaël Grieco is a former Research Associate at IMD for the Venture Asset Management Initiative, drawing on over 15 years of leadership experience at the intersection of cross-asset wealth management and technology. Raphael specializes in early-stage venture investing, multi-support educational content creation spanning written and audio formats, as well as building entrepreneurial ecosystems focusing on technology (including crypto and web3).

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Outokumpu CEO Kati ter Horst on steel, free trade, Europe’s competitiveness, AI, sustainability, and leading when the old rules are gone....

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LEGO CEO Niels Christiansen on simplification, sustainability, and competing for children’s attention....

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Oona Hathaway on war, global rules, and why business leaders may regret staying silent as international law is violated....

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Chef Pam transformed a 120-year-old family business into a Michelin-starred restaurant, showing how heritage can fuel innovation and competitive edge...
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