Whether in their sixth decade or their third, these are some of the most powerful private equity investors in the U.S. And they have $1.5 trillion to invest.
There’s an old joke in private equity: 60 is the new 30. At least that’s how it’s long played out on Wall Street. Indeed, this powerful corner of the finance world was for decades dominated by the founders who practically invented the field—then hung on atop their companies for as long as they possibly could. Finally, that’s changing—or at least starting to. There is not only a crop of new leaders at the biggest firms, there’s a wave of smaller shops finding their place in the power structure.
https://fortune.com/2023/07/31/private-equity-power-players-new-guard-blackstone-apollo-vista-kkr/amp/