Anu Adebajo, former Atomico partner and now CEO of the Newton Venture Program, joined the Sifted Podcast to discuss pressing issues in European venture capital. The program, launched in 2020 by Phoenix Court and London Business School, trains emerging VC talent across various experience levels.

Adebajo brings deep industry credentials to her new role. She began investing in Sheffield in 2012, later joining the British Business Bank before transitioning to the LP side where she deployed over £365m into funds. Her tenure at Atomico included leading the firm's fund of funds strategy.

The conversation addresses what limited partners now demand from European VCs amid market challenges. They also examine the timeline for Newton Venture's potential fund launch and warn against Europe's re-emerging 'boys' club mentality' that could hinder diversity in the ecosystem.

With veteran investors questioning the viability of underperforming 'zombie funds,' Adebajo's perspective on talent development and institutional investing offers guidance for an industry seeking renewal. Her transition from deploying capital to training the next generation reflects the sector's focus on sustainable growth over rapid expansion.