KKR & Co. has successfully raised approximately <strong>$23 billion</strong> for its new American buyout fund, overcoming challenges faced by private equity firms in the market. This achievement comes at a time when the industry struggles with asset sales and returning capital to investors.
Private equity firms in the United States borrowed approximately <strong>$94 billion</strong> from leveraged loans and high-yield bonds last year to finance their dividends. This step increases the risks these companies face, according to an analysis by <strong>Moody's</strong> credit rating agency.
The daughter of David Rubenstein, founder of the Carlyle Group, is striving to establish her own reputation in the investment world by adopting a different approach from her father's. This comes at a time when the private equity sector is experiencing a notable decline.