Alts Managers Vying to Cash In on European ‘Renaissance’
Economic upheaval in the US is spurring alternative asset managers to look abroad
Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we examine why some investors are racing to put billions in Europe, while others are trying to liquidate their assets in China. Meanwhile, some hedge funds have irked state officials by attempting to profit from disaster. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net — Erin Fuchs
With economic upheaval in the US, alternative asset managers are looking abroad as they plot long-term plans for how to invest their billions — and Europe has been drawing interest given its relative economic stability.