Capital Markets – a Source of Patient Capital for Business Expansion and Debt Refinancing

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By Keith Kalyegira I have said at various fora that there is a lot more capital looking for investments across the world, relative to the pipeline of investment opportunities. The Organization for Economic Cooperation and Development (OECD) estimates this at USD 44 trillion, 66% of which is comprised of pension fund assets. Of the USD 44 trillion, over USD 15 trillion is earning negative yields