Institutional investors are quietly buying into wealth funds from Blackstone and KKR, with KKR raising the allocation cap for K-Series funds to 20%.
The Financial Times reported that institutional investors are beginning to allocate capital to "evergreen" private market funds initially established by Blackstone Inc. and KKR & Co. Inc. for high-net-worth individuals. KKR has increased the transaction allocation cap for its K-Series funds from 7.5% to a maximum of 20% to meet growing demand.
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Source:Yahoo财经 · Source Link
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