An increasing number of hedge funds will begin investing in private companies, despite fears of overheating in the crowded market, according to Dimitry Balyasny, the hedge of US hedge fund Balyasny Asset Management, according to a report in the Financial Times.
Balyasny, goes so far as to suggest that all large hedge funds will eventually invest in start-ups because the divisions between private and public markets are becoming irrelevant.
Tiger Global Management and Coatue Management area among the high-profile hedge funds already investing in private companies they look to generate positive returns for investors.
