Private-equity managers from Fortress Investment Group LLC (FIG) to Blackstone Group LP (BX), which made billions by buying low and selling high, say now is the time to exit investments as stocks rally and interest rates start to rise.“It’s almost biblical: there is a time to reap and there’s a time to sow,” Apollo’s Global Management LLC Chief Executive Officer Leon Black said. “We think it’s a fabulous environment to be selling. We’re selling everything that’s not nailed down in our portfolio.” Where is your money? Contact us to learn the safest strategy.
Posted on: Mon, 05 Aug 2013 18:14:21 +0000
Trending Topics
Recently Viewed Topics
© 2015