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Laxman Pai, Opalesque Asia: With a combined total of $7.65tn in assets under management (AUM), the Americas are home to most of the world's largest alternative investment managers, said a study.
According to a Preqin report, the region's 10,000+ active investors and more than 8,000 active managers provide a robust investment environment, where innovation takes center stage and the hunt for yield
keeps capital flowing.
North America-based managers are particularly adept at raising capital, said the report.
Since 2015, they have closed more than 9,700 funds, collectively securing $4.03tn. This effort was led by private equity: 6,500 funds closed, raising a combined $2.31tn in the period.
The region's strong fundamentals are helping to fuel fundraising. This is driven particularly by the US - the world's largest economy - and Canada, with its large institutional investor base. These are not the only factors, but this base environment has helped North America-based GPs both attract capital and successfully deploy it. These demographics coupled with a history of innovation have helped private capital to largely shake off the impact of the pandemic and source new opportunities, amid new risks, for investors.
Latin America, however, poses a greater unknown. Political and social risks are a significant deterrent to capital investments in the region. Still considered an emerging region by most metrics, its asset growth has been slower. That said, Latin America i...................... To view our full article Click here
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