In this episode of the EUVC podcast, Andreas talks with Charlotte Palmer, Vice President at Integra Global Advisors. Andreas and Charlotte explore the evolving role of government LPs in Europe, discussing best practices and key considerations for fund managers. Charlotte shares her insights on why she joined Integra, reflecting on her new position as a global LP with a focus on European VC. The conversation also delves into fundraising for impact-driven VCs across Europe and the US, offering valuable perspectives for investors and founders alike. At Integra Global Advisors, Charlotte oversees a fund with €700M in assets under management, targeting early-stage and emerging managers across the US, LatAm, Europe, and Israel. Integra’s agnostic approach has led to notable investments, including Plural, Fly, and Retail (EU), as the firm continues to back innovative companies across various sectors. Go to eu.vc for our core learnings and the full video interview 👀 Chapters: 02:08 Welcoming Charlotte Palmer 03:08 Charlotte's Background and Career Journey 04:28 Transition to Integra Global Advisors 05:25 The Role of Government LPs in Venture Capital 06:55 Challenges and Reflections on Being an LP 08:33 Integra's Investment Strategy and Focus 12:02 Government Institutions in Venture Capital 24:38 Improving Processes and Best Practices 35:48 Navigating Restrictive Criteria in Fund Management 36:23 Key Terms LPs and GPs Should Avoid 37:05 Geographical Focus and Investment Strategy 37:40 Challenges with Government Institutions 39:42 The Importance of Sticking to Your Strategy 45:52 The Role of Government Institutions in Market Distortion 49:17 Transitioning to a Global LP: Insights and Experiences 53:39 Balancing Global Expectations with Local Realities 59:43 Advice for Aspiring LPs and Effective Hiring Practices 01:04:10 Impact VC Funds: A Controversial Topic