For decades, private equity firms were investment banks’ favorite customers, dealmakers who handed out fat fees every time they bought a company, raised debt, or filed an IPO. But the tides are shifting. While private equity has evolved into broader alternative asset managers dabbling in private credit, infra, and real estate, it’s the hedge funds (and their cousins like prop trading firms and family offices) that are increasingly driving revenue growth for banks. Find out more - shortsqueez.co