Alternative assets totaled 6.9 trillion at the close of June 2014, up from $6.2 trillion at the start of last year, according to new research.
Preqin discloses this finding in its “2015 Global Alternatives Reports,” which reveal significant growth in alternative assets held by private equity, hedge fund, private debt, real estate and infrastructure fund managers. Total industry assets now stand at
“Although the performance of hedge funds over the past year has been generally considered underwhelming, the asset class accounted for over half of the asset growth across alternatives, as investors continued to deploy capital in funds that offered attractive opportunities,” the report states. “Across the other asset classes, improving valuations have been seen as a primary driver of asset growth.”