Institutions Are Still Buying
By Bruce McKinney Recently I asked Terry Belanger, MacArthur fellow, full professor and Director of the Rare Book School at the University of Virginia, about institutional buying and he encouraged me to contact a cross-section of institutional buyers for perspective. Their outlook is encouraging if sanguine. I spoke to Daniel De Simone, David Whitesell, Lynda Claassen, Doug Erickson, Martin Antonetti and Katherine Reagan, all of whom convey a commitment to continuing acquisitions although their budgets, prospects, logic and approaches differ substantially. They are all headed in the s...
