The German alternatives industry has evolved significantly in recent years. Assets under management (AUM) increased from €59bn at the end of 2017 to €81bn as of June 2020 - a rise of nearly 40%, said Preqin.

To put this growth into context, over the same period, the DAX Index fell by 4.7% on a total-return basis, according to FactSet data.

In 2020, Germany rank