In this episode of Oxford+, host Susannah de Jager is joined by John Derrick, Managing Director at J.P. Morgan, to discuss the intricacies of European and U.S. capital markets, the importance of regulation, and the challenges faced by small and illiquid companies. The conversation also delves into the cultural differences in entrepreneurial aspirations between Europe and the U.S., highlighting the importance of failure in the U.S. as a part of the entrepreneurial journey as well as the UK's need for policy-led development to support infrastructure and energy security, emphasising the importance of coordinated efforts between private and government sectors. (2:03) The Lifecycle of Companies(9:18) Growth within the Oxford Ecosystem(13:57) Trends in Capital and Market Listings(23:18) The Role of Regulation and Recent Acquisitions About the guest:John Derrick is a Managing Director at J.P. Morgan Private Bank focused on covering Entrepreneurs, Families and Foundations in the UK. His team has focused in recent years on growing the firm’s footprint and connectivity in the university spin-out ecosystem, alongside his colleagues in the Innovation Economy and Global Shares team at J.P. Morgan.  Before joining J.P. Morgan Private Bank, John had a fascinating career spanning from heading the Fine Wine department at the UK’s leading wine merchant to executing some of the earliest tech transactions in the early 2000s at large investment houses.    In his personal life, John is a trustee of Pimlico Opera which takes music into prisons and schools and was the Chair of the Royal Welsh College of Music and Drama for the last six years. John graduated in History and French from Wadham College, Oxford and joined the board of Oxford University Alumni in 2023. He lives in Oxfordshire with his husband and two children. Connect with John on LinkedIn About the host:Susannah de Jager is a seasoned professional with over 15 years of experience in UK asset management. She has worked closely with industry experts, entrepreneurs, and government officials to shape the conversation around domestic scale-up capital. Connect with Susannah on LinkedIn Visit our website to learn more and subscribe to our newsletter - oxfordplus.co.ukIf you have a question for Susannah, please get in touch - oxfordplus.co.uk/contact Oxford+ is hosted by Susannah de Jager, supported by Mischon de Reya and produced and edited by Story Ninety-Four in Oxford.