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Why Private Equity Is Getting Harder — Even for KKR
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Why Private Equity Is Getting Harder — Even for KKR
KKR is making more money than ever and has just marked its 50th year in business, yet the model it built is becoming harder to succeed with at exactly the same time. That contradiction is what makes this moment worth paying attention to, because it suggests the problem is not performance but the system underneath it. The answer is simpler than it first appears. Private equity has not stopped working, but the conditions that made it powerful have…
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