Private Equity’s Big Four Enjoy Record Revenues and Optimism
Private equity’s Big Four firms are ending 2024 on a strong note, driven by record revenues from management fees and an optimistic outlook for mergers and acquisitions in the upcoming year. The latest analysis from S&P Global Market Intelligence reveals that the average net positivity score for the four largest publicly traded alternative asset managers – Apollo Global Management, Blackstone, The Carlyle Group, and KKR – has reached its highest level in several years. This surge in positivity signifies a renewed confidence in the sector, which has faced various challenges in recent times. In conclusion, the strong revenue growth and optimistic market forecasts paint a hopeful picture for private equity players as they move forward into a new year…