That’s a wrap on #UglyDuck2025! Our 5th edition flipped the script, bringing together 550+ fund managers to explore what European risk capital can achieve beyond returns. From innovation to sustainability, security to competitiveness, and impact to communication, the conversations were bold, honest, and outcome-driven. Next up: The first Ugly Duck Playbook, capturing insights and actions for investors, regulators, and policymakers ready to back what drives real change.

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