Management Fees, Mutual Funds and Private Equity Managers

Blackstone Becomes First $1tr Private Equity Manager

Private Equity Insights

JULY 21, 2023

Passing that milestone puts the firm in the same league as mutual fund behemoths and banking giants. Private equity firms have sought to join a special club: managing $1 trillion in assets, a milestone that would put them in the same league as mutual fund behemoths like BlackRock and Fidelity and banking giants like JPMorgan Chase.

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Private Equity Central

Blackstone Becomes First $1tr Private Equity Manager

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