Chris Cumming

KKR enjoyed firm-record asset sales in the second quarter despite the private-equity industry's ongoing slowdown in exits, helping the New York alternative-investments manager surpass analysts' earnings forecasts.

Carlyle Group posted its highest distributable earnings in nearly four years and told analysts it was preparing to launch a new slate of vehicles to potentially boost its fundraising in the coming quarters.

The Washington firm beat profit expectations and said it was revving up to raise a new round of funds.

Funds offering Main Street investors access to private markets are instead being used by professional money managers—in some cases, for access to hot IPOs.

Exchange-traded funds that aim to bring private investments to the masses have encountered a hitch: Institutional money is overwhelming the mom-and-pop savers the funds are designed to serve.

For the 2026 races, the industry strongly favors Republicans and conservative causes, reversing a nearly decadelong pattern.

Private equity's political spending has shifted rightward, as the Trump administration's deregulatory efforts increasingly contrast with progressive Democrats' critical posture toward the industry.

Read this exciting story from The Wall Street Journal August 15, 2026 issue. Private equity’s political spending has shifted toward Republicans, as the Trump administration’s deregulatory efforts increasingly contrast with progressive Democrats’ critical posture toward the industry.

If Gov. Gavin Newsom signs the newly passed bill, the state would join Illinois and Colorado in trying to restrict a burgeoning investment field.

The regulator intends to eliminate a rule that chilled campaign donations by money managers that work with public investment funds, particularly at the state and local levels.