Market Update 2 September 2025, with columns by Harry Geels, Han Dieperink and Frans Verhaar
Market Update 2 September 2025
Frans Verhaar: Democratization or retailization of private markets?
Private markets are becoming more accessible, from institutional to even retail capital. But democratization is not the same as retailization—and that difference is crucial.
With Europe grappling with stagnation, deindustrialization, and declining competitiveness, an uneasy question arises: has the euro made the continent lazy?