Otro Capital raised $1.2 billion for its first flagship private equity fund, as the sports-focused firm capitalizes on soaring demand from large institutional investors for the burgeoning asset class.

Dealmaking is rebounding, client payouts are up and annual profits are expected to rise — but shares of Wall Street’s alternative-investing giants are off to their worst January in a decade over a slurry of mounting investor anxieties.

BlackRock Inc. and Partners Group Holding AG launched the first joint private-markets investment of their partnership aimed at grabbing a slice of the trillions of dollars sitting in the hands of wealthy individuals.

Financiers are doing a careful dance to help clients navigate the president’s second term without provoking him

KKR & Co. will surpass its $20 billion target for the firm’s flagship Americas private equity vehicle after it wraps up fundraising, setting a record for the strategy, according to people with knowledge of the matter.

Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said that an investigation into Federal Reserve Chair Jerome Powell underscores the importance of the US central bank’s independence.

Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said that an investigation into Federal Reserve Chair Jerome Powell underscores the importance of the US central bank’s independence.

KKR & Co. Chief Operating Officer Ryan Stork is stepping down from his role effective immediately, the firm said in a regulatory filing.

Carlyle Group Inc.’s Steve Wise said many of the headwinds that hindered dealmaking last year have cleared, setting up the industry for a “very good” 2026.

Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time.

TPG Inc. exited most of its stake in Anastasia Beverly Hills as part of a debt restructuring, largely wiping out the private equity firm’s $600 million investment in the cosmetics company, according to people familiar with the matter.

TPG Inc. is making a big fundraising push for its real estate businesses as it looks to capitalize on a sector that has come under pressure in recent years.

Carlyle Group Inc. Chief Financial Officer John Redett touted the firm’s growth prospects and outlook on fundraising as he prepares to take over as co-president and lead its private equity business.

KKR & Co. is in talks to acquire a majority stake in Arctos Partners as it looks to push further into sports investing, according to people with knowledge of the matter.

KKR & Co.’s Raj Agrawal said he’s among those concerned about excess exuberance in data centers and artificial intelligence and that the firm is being selective to mitigate risk.

KKR & Co. is touting the strength of recent Asia funds as it looks to gather $15 billion for its latest vehicle in the region, according to people with knowledge of the matter.