Alternative investment managers raised capital over the summer via virtual cap intro events, leveraging the hunt for yield by institutional investors to the tune of more than $33 billion in new fund launches/closes tracked by Alternatives Watch last month.
A total of 25 new funds was tracked by AW in September, with new mandates spanning private equity, debt, infrastructure/real estate and hedge funds.
All told, alternative investors are rolling up their sleeves and getting ready to put money to work in a difficult environment as a second wave of COVID-19 . . .
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