Admittedly, nothing good ever came from locusts, so perhaps a better analogy would be that of a fire, which can destroy a decayed forest while simultaneously planting the seeds for future healthy growth. Of course, we know that equity and debt investors do far more than 'clear-cut' in terms of capital raising, strategy and developing new business relationships. With new political leadership in Berlin ready to embrace outside investors in ways not before seen, the opportunity has never been greater for foreign investment. In particular, the passage of the German Investment Act and the Investment Tax Act in 2004 - making it easier for institutional investors to invest in hedge funds and retail investors to put money in funds of funds - has loosened the rules governing hedge funds.
The bare facts