These fund managers are raking in capital amid negative rates

Private equity wasn’t supposed to survive the 2008 financial crisis. After defying that prophecy, it’s now emerged as the best asset class in an age of negative interest rates.
Photo: Thomas Borberg
Photo: Thomas Borberg
By RAFAELA LINDEBERG / BLOOMBERG

In the Nordic region, which has been more battered by negative rates than most other places, one of the biggest private-equity funds says it would now take a “black-swan event” to disrupt the constant and heavy flow of funds into the industry.

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