{"id":26077,"date":"2011-11-18T07:34:27","date_gmt":"2011-11-18T12:34:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26077"},"modified":"2011-11-18T07:34:27","modified_gmt":"2011-11-18T12:34:27","slug":"hedge-funds-and-private-equity-firms-have-big-plans-for-europe","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2011\/hedge-funds-and-private-equity-firms-have-big-plans-for-europe.html","title":{"rendered":"Hedge funds and private-equity firms have big plans for Europe"},"content":{"rendered":"<p>Economist &#8211; \u201cTHIS is going to be the next great trade,\u201d one American hedge-fund executive effused early this year. For more than two years funds have been salivating over the slew of assets that Europe\u2019s banks will have to sell. Many have been opening offices in London and hiring to prepare for this \u201ctidal wave\u201d of opportunities.<\/p>\n<p>Up for grabs will be distressed corporate loans, property debt and non-core businesses as European banks shrink their balance-sheets to meet stricter capital requirements. Huw Van Steenis of Morgan Stanley estimates that banks will have to downsize their balance-sheets by \u20ac1.5 trillion-2.5 trillion ($2 trillion-3.4 trillion) over the next 18 months. Funds have only about $150 billion to spend on distressed debt in Europe, he reckons, which means they should have their pick of assets.<\/p>\n<p><a href=\"http:\/\/www.economist.com\/node\/21538739\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economist &#8211; \u201cTHIS is going to be the next great trade,\u201d one American hedge-fund executive effused early this year. For more than two years funds have been salivating over the slew of assets that Europe\u2019s banks will have to sell. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26077","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=26077"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26077\/revisions"}],"predecessor-version":[{"id":26079,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26077\/revisions\/26079"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}