Allison McNeely

(Bloomberg) -- KKR & Co. became the fourth private-markets firm to eclipse $500 billion of fee-paying assets under management, moving further beyond its buyout roots in a push for more client assets and steadier fees.

Dawn Lim and Allison McNeely 3 min read In this article

26North Partners raised $23 billion over a two-year period Harris says poor private equity returns have benefited 26North

KKR & Co. and Energy Capital Partners agreed to a $50 billion partnership to accelerate the development of infrastructure for artificial intelligence.

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.