Now that the U.S. government appears to have come to an agreement with Iran, hedge funds are ready to pounce on the Middle Eastern country.
The Islamic Republic is ready for American investment, says Hans Humes, CEO of $1 billion hedge fund Greylock Capital. U.S. companies, such as fast food chain Pizza Hut, are waiting to swarm the country as soon as sanctions are lifted, reports the New York Post. Young Iranians are well educated, more skeptical of religion, and craving Western trends, says Humes.
Don’t forget about infrastructure. Western companies are in line to invest $100 billion to revive Iran’s aged infrastructure and start pushing in new cars that have been banned for decades.
Humes has already tried to make a “courtesy call” to Iran’s top central banker, but was detained briefly as a result. Writes the Post:
“I’m not really chasing anything particular. It happens to be really cool, so I wanted to see what it was like,” he told The Post.
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