Wilbur Ross, Founder of WL Ross & Co told NDTV Profit that the IMF will step in to offer interim solution to Europe by providing funds. “Europe needs someone to write a ‘fat cheque’,” he said. He further is positive on the US economy that is making slight progress. However, on India and China, Ross said that inflation is a major problem.
Exclusive: York Capital to wind down European funds, spin out Asian funds
York Capital Management has decided to focus on longer-duration assets like private equity, private debt and collateralized loan obligations. The firm also plans to wind down its European hedge funds and spin out its Asian fund. Q3 2020 hedge fund letters, conferences and more York announces structural and operational changes York Chairman and CEO Jamie Read More