Allison McNeely

Private equity pioneer KKR & Co. is testing whether investors still crave the asset class after more than two years of sluggish dealmaking squeezed returns across the industry.

(Bloomberg) -- Private equity pioneer KKR & Co. is testing whether investors still crave the asset class after more than two years of sluggish dealmaking squeezed returns across the industry.

Soaring demand for data centers to support artificial intelligence and cloud-computing will boost global spending in the sector to $250 billion a year, according to KKR & Co.

Soaring demand for data centers to support artificial intelligence and cloud-computing will boost global spending in the sector to $250 billion a year, according to

(Bloomberg) -- Apollo Global Management Inc. expects to generate $10 billion of annual earnings across its asset management and retirement businesses by 2029, driven by investor demand for private credit and annuities.

A combination of increased deal activity and changes in pay structures has driven big gains in the payouts investment firms made to employees this year.

The biggest US private equity firms anticipate that President-elect Donald Trump’s victory could aid their ambitions to capture some of the $11 trillion sitting in defined-contribution plans such as 401(k)s.

November 15, 2024 The biggest US private equity firms anticipate that President-elect Donald Trump's victory could aid their ambitions to

Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also help unlock trillions of dollars for its hottest business line.

(Bloomberg) -- Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also help unlock trillions of dollars for its hottest business line.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyNew York’s Transit Agency Approves $9 Congestion TollTokyo’s Scorching Summers Focus Public Ang