General Atlantic Co-President Martin Escobari sees AI-driven digital transformation and recent market stress creating new investment openings. Speaking to Bloomberg TV from the 2026 World Economic Forum in Davos, he cautioned that U.S. assets appear expensive, pushing the firm toward global diversification strategies.

Escobari's perspective reflects broader private equity trends, where firms are navigating higher interest rates and geopolitical tensions. The emphasis on non-U.S. markets signals a strategic shift for General Atlantic, which manages over $100 billion in assets and typically invests across technology, healthcare, and consumer sectors.

Investors should watch how this diversification plays out in deal flow, particularly in emerging markets and Europe. Escobari's comments suggest a cautious but opportunistic stance, balancing AI's growth potential against valuation concerns in traditional safe havens like U.S. tech stocks.