Wealthy individual investors are pouring money into "evergreen" private equity vehicles, allowing large institutional investors to sell their fund stakes at higher prices despite the private equity industry's ongoing slump.

Private equity firms are increasingly using tiered debt structures in restructuring deals, creating a class system that favors large lenders while pushing others to the back of the line with massive losses.

Private credit nearly quadruples market share as tariffs reshape borrowing landscape; 87% of sizeable U.S. companies remain privately held.

Private market giants are positioning recent market turmoil as a potential "golden" opportunity while actively deploying capital through strategic market dislocations.

Apollo Global Management navigated market turbulence with confidence in Q1 2025, reporting record fee-related earnings (FRE) of $559 million (+21% YoY), spread-related earnings, and achieved record inflows of $43 billion, including $26 billion at Athene, its retirement services business. CEO Marc Rowan characterized the period as transitioning from "hyper US exceptionalism" to a more normalized market environment, where Apollo's principle of "purchase price matters" should sh

Ares Management Corporation (NYSE: ARES) reported strong first quarter 2025 results with management fees up 18% year-over-year, fee-related earnings (FRE) up 22%, and after-tax realized income per share up 36% to $1.09 (beating estimates by $0.15). The company reached a significant milestone by surpassing $0.5 trillion in assets under management, reaching $546 billion (including $45 billion from the recent GCP International acquisition).

As President Trump's tariff policies drive significant market volatility, top firms like Apollo and KKR are aggressively deploying billions while institutional investors face a perfect storm of allocation pressures from both the "denominator effect" (public market volatility) and "numerator effect" (limited distributions from existing private investments).

Alternative asset manager Blue Owl Capital reported first quarter 2025 earnings that showcased the resilience of its permanent capital model during a period of heightened market volatility.

KKR reported Q1 2025 results on its 49th anniversary, delivering record fee-related earnings of $0.92 per share (up 22% YoY) while deploying over $10 billion in new investments since recent tariff announcements. The alternative asset manager raised $31 billion in new capital during the quarter, showcasing resilience amid market volatility driven by trade concerns.

KKR & Co. Inc. (NYSE: KKR) reported its first quarter 2025 financial results, showing growth across key metrics and announcing a $2.6 billion mandatory convertible preferred stock offering.

Apollo announced the successful closing of its first equity secondaries fund at $5.4 billion, exceeding its target, according to a press release and Bloomberg's reporting. The fund represents Apollo's expansion into secondhand private equity deals as liquidity challenges mount in private markets.

Jeff Collins, Managing Partner at Cloverlay, joined S&P Global's Private Markets 360° podcast to discuss his firm's distinctive investment approach in "adjacent private markets." Established nine years ago, Cloverlay focuses exclusively on uncorrelated niche assets that exist in the spaces between traditional private equity categories. Collins explained how his 16-person team targets overlooked or misunderstood assets.

On the Insurance AUM podcast, MetLife Investment Management experts Poorvi Dholakia and Paul Carroll shared insights on private structured credit (also called private ABF or Asset-Based Finance), highlighting why it's becoming a critical asset class for insurance portfolios.

Toby True, partner on the Investment Strategy and Risk Management Team at Adams Street Partners, shares insights on building effective private market portfolios for insurers in a podcast with Stewart Foley of InsuranceAUM.com.

Enterprise software firms that embrace AI quickly will deliver exponential ROI, while those slow to transform "will not have a right to exist," warns Vista CEO.

In Brief: Alisa Wood, KKR partner and co-CEO of KKR Private Equity Conglomerate LLC, discusses the firm's pioneering work in evergreen...

🔥 Must Know: Elite Universities Shed Private Equity Stakes Amid Funding Pressures Harvard and Yale are seeking to sell billions in...

Private equity research has a significant blind spot. When studying PE-owned companies, researchers typically track operating entities rather than the consolidated acquisition vehicles through which PE firms actually control their portfolios. This methodological error leads to dramatic underestimation of both the positive effects (faster growth) and negative consequences (higher leverage, steeper profitability declines) of PE ownership.

Summa Equity's founder Reynir Indahl reveals how his firm's thematic investing approach - focused on resource efficiency and tech-enabled transformation - is delivering superior returns while tackling environmental challenges. According to McKinsey's interview, Summa has built one of Europe's largest impact funds by targeting companies aligned with solving global problems rather than isolated industry sectors.

According to Aksia's April 2025 Private Credit Market Overview presented to the Nebraska Investment Council, private credit funds achieved record annual returns of 15.2% in 2023, while fundraising has rebounded dramatically with a 37% compound annual growth rate since 2023, significantly outpacing both private equity and real assets.