FORWARD FEATURES CALENDAR

Managers

Davidson Kempner says private markets stress is building

Davidson Kempner Capital Management has warned that financial stress across the private capital industry is deeper than many on Wall Street recognise, with a “substantial portion” of private equity firms already under pressure, according to a report by the Financial Times.

Blackstone-New World talks stall over control issues

Talks between Blackstone and New World Development over a potential $4bn recapitalisation have stalled as the Cheng family resists relinquishing control of the company, according to a report by Bloomberg.

Capital Group and KKR launch retail-focused fund

Capital Group and KKR have launched a new investment fund aimed at broadening access to private equity for individual investors. The fund – Capital Group KKR U.S. Equity+ – combines investments in private companies with publicly listed US equities, according to a report by Bloomberg.

Ares closes Convergint continuation fund

Ares Management Corp has closed an $850m continuation vehicle to hold portfolio company Convergint Technologies, according to a report by Bloomberg. Leonard Green & Partners acted as lead investor in the fund, with participation from the alternatives business of Goldman Sachs.

Oaktree taps BofA, JPMorgan for potential Utmost IPO

Oaktree Capital Management has selected Bank of America and JPMorgan Chase to help arrange a potential London IPO of UK-based wealth solutions provider Utmost Group, according to a report by Bloomberg citing people familiar with the matter.

Blackstone CEO earned $1.24bn in 2025

Blackstone Chief Executive Steve Schwarzman earned $1.24bn in 2025, just below the near-record $1.27bn he earned in 2022, according to a report by Bloomberg citing the firm’s latest annual filing.

Apollo makes $250m in unrealised gains from xAI

Apollo has generated around $250m in paper gains from a recent private credit investment backing Elon Musk’s artificial intelligence venture xAI, according to a report by Bloomberg citing people familiar with the matter.

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12 November, 2026 – 5:00 pm

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