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Apollo's James Zelter
Top executives including Howard Marks and James Zelter expressed concern at last week's PDI Forum about political change and the risk of private equity being ‘squashed’.
Infrastructure Investor: The Decade
Blackstone’s modest $200m first close in 2010 was vastly overshadowed by the $14bn it raised for its relaunched vehicle in 2019. Now KKR, Carlyle and Apollo are also eyeing the asset class hungrily. 
Stephen Schwarzman took a position early on in the firm’s development that modest goals and bold ones required similar effort to achieve. So why not aim high?
New York
Blackstone Capital Partners VIII has eclipsed Apollo Global Management's ninth flagship fund to claim the title.
GP commitment
GP ownership is a significant factor in risk-taking, according to a study from the Norwegian School of Business and Goethe University Frankfurt.
Chart, decline
The share of PE firms that removed the hurdle rate doubled in 2019, while only 60% of funds are sticking with the standard 8% preferred return.
In making the switch, the firm follows in the footsteps of its listed peers KKR, Blackstone and Apollo Global Management.
The firm, which is gearing up to launch its three largest funds, expects AUM to ‘compound significantly’ on the back of increased distribution efforts and more mature track records.
Co-investment
Median co-investment returns have plummeted from a high of 56% in 2003, according to data from CEPRES.
A study by HEC Paris and MVision Private Equity Advisers finds that gender diverse investment committee teams outperform all-male teams across several industry metrics.
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