Big Institutions are Quietly Buying Into Blackstone (BX) and KKR’s Wealth Funds

finance.yahoo.com · 2026-09-06

Institutional investors are beginning to allocate capital to “evergreen” private market funds that Blackstone Inc. (NYSE:BX) and KKR & Co. Inc. (NYSE:KKR) originally built for wealthy individuals, the Financial Times reported. Evergreen funds let investors access capital at set intervals rather than locking it up for a decade-long private equity fund life. Blackstone’s wealth business […]

TickrTrends take: Large institutional investors have been accumulating positions in wealth management funds offered by both Blackstone and KKR, suggesting confidence in these alternative asset management businesses. Given TickrTrends' current assessment of KKR as undervalued within the Financial Services sector, this institutional buying activity may reflect recognition of value that the broader market has not fully priced in. A valuation-focused reader should monitor whether this accumulation trend continues and how it correlates with KKR's asset growth and fee generation from its wealth management operations.

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