BUSINESSAug 26 · 04:00 UTCFINANCIAL TIMES WORLD

Institutional investors back Blackstone and KKR funds for wealthy individuals

Institutional investors are backing Blackstone and KKR funds intended for wealthy individuals. This move signals a shift among private equity's traditional backers, which could potentially threaten the conventional 10-year fund model.

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BlackstoneorganizationKKRorganizationinstitutional investorstopicPrivate Equitytopic10-year fund modeltopic

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