YWR: Coffee with Matthias

Quick notes and market thoughts from coffee with an unnamed European family office.

• For European investors 4-5% on 2 year duration investment grade corporate debt looks pretty good.

• Everyone is stuck in long-term private equity and VC funds for the next five years.

• PE and VC returns on recent investments might be 5% p.a. (if we are lucky). So again, cas…