What is the largest private equity firm in the US? (2024)

What is the largest private equity firm in the US?

The four largest publicly traded private equity firms are Apollo Global Management (APO), The Blackstone Group (BX), The Carlyle Group (CG), and KKR & Co. (KKR).

What are the big 4 private equity firms?

The four largest publicly traded private equity firms are Apollo Global Management (APO), The Blackstone Group (BX), The Carlyle Group (CG), and KKR & Co. (KKR).

What is considered a large PE firm?

Some sources expand this definition and state the “middle market” includes deals for as little as $25 million and as much as $1 billion. Meanwhile, others say that there's also a “large” category for deals between $500 million and $5 billion.

Is Blackstone the richest company in the world?

Blackstone is the world's largest alternative asset manager with $1.04 trillion in assets under management as of Dec. 31, up 7% in 2023 to a record high. It specializes in "alternatives," the likes of real estate, private equity and infrastructure investments, rather than conventional stocks and bonds.

What is the largest fund raised private equity company?

The New York-based private equity (PE) company Blackstone recorded a combined fundraising sum of 126 billion U.S. dollars between 2018 and 2023, making it the largest PE company in the United States in terms of fundraising capacity.

Which is bigger KKR or Blackstone?

KKR managed to make it to the No. 1 spot on the PEI 300 list in 2022. But its stay was short-lived, as Blackstone dethroned it in 2023.

How much does a VP in private equity make?

Is BlackRock a PE firm?

Private Equity is a core pillar of BlackRock's alternatives platform. BlackRock's Private Equity teams manage USD$23 billion in client assets across direct, primary, secondary and co-investments.

What is the richest investment firm in the world?

BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.

What is a good size private equity fund?

Private Equity Mega-Fund Definition: The “mega-fund” PE firms tend to have ~$100 billion or more in assets under management (AUM) and individual fund sizes of $10-15+ billion, and they execute deals with an average size of $1+ billion; these firms are also highly diversified in terms of geographies, industries, asset ...

What is the salary CEO of Blackstone?

blackstone: Blackstone CEO Schwarzman received $896.7 million in pay, dividends in 2023 - The Economic Times.

Does Blackstone own BlackRock?

In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million.

Who is the largest shareholder of Blackstone?

What does BlackRock own?

How many companies does BlackRock own? As of November 2023, BlackRock's portfolio consisted of 5,349 holdings. The top five holdings included Apple (AAPL), Microsoft (MSFT), NVIDIA (NVDA), Amazon (AMSN), and Alphabet (GOOGL).

Which pays more private equity or hedge fund?

Hedge funds pay a lot more than private equity firms

Hedge fund pay is higher than pay in private equity. The average hedge fund employee earns $487k in combined salary and bonus; the average private equity professional earns 'just' $263k in salary and bonus.

How many private equity firms are there in the US?

In 2020, the US private equity sector included approximately 4,500 private equity firms and 16,000 PE-backed companies.

Who pays more Blackstone or KKR?

Salaries. Of the top 3 common jobs between the two companies, The Blackstone Group salaries averaged $1,044 higher than KKR.

Who is more powerful Blackstone or BlackRock?

However, the two companies aren't really comparable by numbers alone, as they provide services to different sectors of the market and are both strong investment firms in their own rights. BlackRock is the world's largest asset manager and Blackstone Group is the world's largest private equity firm.

Why is KKR so good?

We take enormous pride in our one-firm approach, operating proactively and collaboratively across businesses and geographies to achieve the best possible results. We continually look to help one another and work together towards common goals.

How much does a principal make at KKR?

How much does a Principal make at KKR in the United States? Average KKR Principal yearly pay in the United States is approximately $248,270, which is 137% above the national average.

How hard is it to get into BlackRock?

Is it hard to get hired at BlackRock? Glassdoor users rated their interview experience at BlackRock as 61.2% positive with a difficulty rating score of 2.97 out of 5 (where 5 is the highest level of difficulty).

How much do KKR associates make?

$172K (Median Total Pay)

The estimated total pay range for a Associate at KKR is $145K–$208K per year, which includes base salary and additional pay. The average Associate base salary at KKR is $136K per year.

How much is Larry Fink really worth?

Who is BlackRock owned by?

BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.

Who owns Vanguard?

Vanguard set out in 1975 under a radical ownership structure that remains unique in the asset management industry. Our company is owned by its member funds, which in turn are owned by fund shareholders. With no outside owners to satisfy, we focus squarely on meeting the investment needs of our clients.