iven the trend toward the automation of everything, it’s somewhat surprising how few investors focus on the space. That makes Thomas H. Lee Partners’ year-and-a-half-old Automation Fund, with $900 million in assets, particularly intriguing.
Big growth means big opportunity for investors, of course, and with markets turning down there may also be new opportunities to buy companies on the cheap for the long term. “Automation is penetrating all end markets. That’s why it is such a powerful technology trend in which to invest,” says Thomas H. Lee Partners managing director Jim Carlisle, who heads the automation fund.
Source: News Formal (newsformal.com)
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