KKR has overtaken Partners Group to become Europe’s largest manager of open-ended private market funds by assets, as the US private equity firm expands its wealth-management business while its Swiss rival contends with elevated investor withdrawals, according to a report by Bloomberg.
KKR had €13.6bn ($15.6bn) across its European-domiciled evergreen platforms at the end of the first quarter, compared with €13.4bn for Partners Group, according to data from industry research firm Novantigo cited b...
Continue Reading
Sign up for FREE to read the full article and access 158K+ alternative investment headlines.