Lates News

Blair Jacobson, co-president of Ares Management Corporation, responded to the previous views of the vice chairman of Blackstone Group at the SuperReturn Private Equity Conference in Berlin, stating that "the current market generally finds Europe very attractive for investment." He listed factors such as declining interest rates and Germany's 500 billion euro fiscal stimulus plan as positive influences, and also mentioned last year's Draghi report, which called for regulatory relaxation to enhance Europe's competitiveness, as equally uplifting. "Europe is gradually maturing and taking control of its own destiny, which is a positive sign for macro trends," emphasized Jacobson.