Hedge fund targets Ferrari owners in private credit exotics boom
London hedge fund Fasanara Capital is targeting $500 million to finance, restore, and resell vintage and racing Ferraris, betting luxury cars are the next big alternative asset.
Visitors walk between a 1996 Ferrari F50 by Pinifarina (L) and a 1990 Ferrari Testarossa by Pinifarina (R) on the Press Day at the Salon Privé Concours 2024 at Blenheim Palace on August 28, 2024 in Woodstock, England. Image: Getty Images
Visitors walk between a 1996 Ferrari F50 by Pinifarina (L) and a 1990 Ferrari Testarossa by Pinifarina (R) on the Press Day at the Salon Privé Concours 2024 at Blenheim Palace on August 28, 2024 in Woodstock, England. Image: Getty Images
