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ICYMI:

AIR CANADA, PILOTS REACH TENTATIVE DEAL, AVERTING WORK STOPPAGE

This averts a strike or lockout that could have begun Wednesday, with flight cancellations likely before then

These Bargain-Hunting Investors Have a Combined $379 Billion to Buy the Dip

Matthew DiLallo, The Motley Fool
·4 min read
These Bargain-Hunting Investors Have a Combined $379 Billion to Buy the Dip

In recent years, investors have poured money into alternative investment vehicles like private equity and hedge funds. Because of that, leading alternative investment managers are flush with cash. Industry behemoths Blackstone (NYSE: BX), Brookfield Asset Management (NYSE: BAM), and KKR (NYSE: KKR) have amassed a combined total of $379 billion of dry powder that they can deploy to capitalize on future investment opportunities.

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