- U.S. Vice President JD Vance is set to speak in Switzerland at 7:00 a.m. ET, with remarks expected to highlight opportunities in private markets.
- The speech comes amid growing international investor interest in private credit and equity, particularly in Europe.
- Officials declined to preview specific policy announcements, but sources suggest Vance may emphasize regulatory stability.
Switzerland as a Hub for Private Capital
Vice President Vance's address in Switzerland on Thursday morning targets an audience of institutional investors and asset managers, according to people familiar with the event. The setting underscores Switzerland's role as a gateway for global private capital flows, especially as European markets see increased activity in private credit and direct lending.
Regulatory Stability in Focus
Vance is expected to echo themes of regulatory predictability that have drawn firms like Blackstone and KKR to deploy capital in Europe. “Institutional investors are focused on regulatory stability,” said a senior administration official, speaking on condition of anonymity. “The U.S. remains committed to fostering an environment where private capital can thrive.” The remarks come as European policymakers debate harmonizing rules for private markets across the bloc.
Implications for Transatlantic Investment
Without a clear signal of policy shifts, the speech may serve more as a reaffirmation of the administration's support for alternative asset classes. Private equity and credit firms have increasingly looked to Europe for deals, with KKR’s recent €22 billion investment in Telecom Italia’s network infrastructure serving as a bellwether. Vance’s comments could provide added momentum for cross-border investments. A spokesperson for the Vice President’s office declined to comment on the specific content of the address.
This article was updated at 6:45 a.m. ET to include context on recent private market transactions.