PE Giants Pivot to Perpetual Capital as Blackstone and KKR Reshape Industry Architecture
Major private equity firms are abandoning traditional fund-cycle thinking in favor of permanent, fee-generating capital structures that insulate revenue from market volatility. Blackstone's record $1.275 trillion AUM and landmark deals signal an industry maturing toward institutional permanence, while platform consolidation accelerates across the sector.
ViaNews Editorial Team (Finance)•