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Private equity group beats Wall Street forecasts after using volatility to swoop on buyout targets Apollo's peers are more cautious. Even though Carlyle has put nearly $7bn toward new deals this year. Bill Conway, co-founder, said last week that “there is time to sow and time to reap, and right now is pretty good time to reap, frankly."
$13.7bn in fresh capital allocated in first quarter of this year
State backs entrepreneurs but local connections tend to influence investment decisions
Executives frustrated as market fall could offer rich pickings
Concern over industry’s poor performance during past year and high fees
China volatility and Fed uncertainty lead to cautious approach with hedge funds
Interest from institutional investors may drive prices up and yields down
120% rise in number of fund houses operating direct lending strategies
Institutional investors still loyal despite dissatisfaction with fees and performance
Funds surge as institutional investors seek to replace banks as business lenders
Withdrawal by Calpers and PFZW not indicative of wider trend, survey suggests
Group’s ‘dry powder’ to be invested after profits fall short of expectations
Industry says decision unlikely to indicate wider trend among retirement schemes
Roughly a quarter of all hedge funds tracked by Preqin have posted negative returns year to date
Correlation with equity markets is at pre-crisis highs sparking concern about losses
Many highly acclaimed stock pickers have underperformed in 2014
Investors are expecting less in the way of returns
Investor inflows jump even as performance lags behind stocks
Increasingly sophisticated investors are demanding improvements in their alternative assets
International Edition