Toby Morris, senior sales trader at CMC Markets, said investors were keen to get into equities before a US deal is announced.
"A day like today is clear evidence that there is still money on the sideline to get into equities," said Tim Ghriskey, chief investment officer of Solaris Asset Management in Bedford Hills, N.Y.
The issue rose to the surface two years ago, when banks worried that, by getting into private equity, they risked irritating private equity clients competing for the same deal, or long-term corporate clients that might be the target of these deals.
Take note: Pimco, a division of Allianz, is getting into the equity business right now.
He recommends that patient investors those with a horizon of a few decades–start getting back into equities.
The New York Times reported that Romney inspired Leder to get into private equity, and he now oversees about $8 billion in equity.
"They've gotten into private equity, state-owned enterprises, natural resources — you name it".
He is reported to have plans to get into private equity.
If it seriously wants to get into the equity business, perhaps Congress should also think about privatising OPIC.
Years ago, a visit to Mr. Romney's investment firm inspired Mr. Leder to get into private equity in the first place.
