Alternative asset managers brace for investor test over AI, redemptions
Bogdan Hofbauer
April 21 : Wall Street's largest alternative asset managers face a critical test in the coming weeks as they try to convince investors that concerns over AI disruption to their portfolio companies and a pullback in retail private credit demand are overblown. Managers of alternative assets - a broad class of securities outside traditional stock and bond markets, including private equity, private credit and real estate - have seen their shares pressured for months by fears of slower growth due to
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