Bloomberg Surveillance · Wednesday, July 22, 2026
Raphael Tuen highlighted a significant need for investment in Europe across defense, data centers, electrification, and digitalization, noting that European capital markets are currently narrow and stretched. He sees this as an opportunity for those with capital to participate in major trends.
“When you look at the list of things we need to finance in Europe, it's und less. We need to finance defense after decades of underspending. We need to finance data centers and we're far behind compared to where we are in the US. We need to finance electrification, decarbonation, digitalization, you name it.”
“And so against this backdrop of massive investment needed. When you look at the capacity of capital markets in Europe to sustain and finance those needs, those are extremely narrow, extremely stretched.”
“It's an opportunity for people with capital to bring capital take part of what are oftentimes mega trends in the making. And so that's what we're doing at TKO.”