UK - The economic climate could not be better for schemes to move into private equity, delegates at Mercer's Global Investment Forum heard.
JPMorgan Fleming Asset Management portfolio manager Thomas McComb said the conditions for growth in the asset class were improving and institutional investor interest was on the increase.
McComb said that pick-up in both investment pace and exit activity showed that signs were good for a return to private equity after funds shied away following the attacks on the World Trade Centre.
He said: “There are now more firms raising funds but looking for less capital than there has been for years. Strong investor interest has shown that private equity is back on many investors lists and the economic climate couldn’t be better for a move back towards it.”
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