Mar
08
Private Equity’s Big Dry Powder Mountain
ByWhat do private equity firms and Oliver Twist have in common? They’re generally always hungry for more.
Apollo Global Management LLC is passing the hat around again, seeking to raise $20 billion by May for its newest global buyout fund. KKR & Co. this week wrapped up at $13.9 billionfund focused on North American buyouts, while other big-hitters including Blackstone Group LP, Silver Lake Partners and Vista Equity Partners are seeking $10 billion or more for their own flagship buyout funds. And then there’s Carlyle Group LP, which is attempting to raise $100 billion in four years…