Firms engaged in private equity have the primary objective of acquiring equity ownership by utilizing different strategies, from raising venture capital to leveraging buyouts. Here are some of the largest top private equity firms in the world today:
Carlyle Group (NASDAQ: CG)
With $124 billion in assets, this company founded in 1987 includes Edgewood Partners Holdings LLC, Bank of N.T. Butterfield & Son Ltd., and CalPeak Power in its current portfolio.
Ares Management LP (NYSE: ARES)
Specializing in providing acquisition financing, this company holds assets amounting to $75 billion. Some of its notable investments include stakes in Neiman Marcus and Aspen Dental.
Blackstone Group LP (NYSE: BX)
This is one of the many top private equity firms situated in NYC. Founded in 1985, it has $146 billion in assets generated from dealings in credit and private equity sectors. The company is known to invest across industries and holds equity in Leica Camera, Vivint, and Seaworld Parks and Entertainment.
Bain Capital LLC
Founded in 1984, the globally operating company is worth $65 billion with acquisitions including Square Trade, Burger King, Consolidated Container Company, Staples, AMC Theaters, Hospital Corporation of America, and the Weather Channel.
Apollo Global Management LLC (NYSE: APO)
This was founded in 1990 and currently has assets measuring in at $150 billion. Headquartered in the Big Apple, its specializations include leveraged buyouts and investments in distressed securities. Caesar’s Entertainment Group and Norwegian Cruise Line are some of its notable investments.
Its assets are worth $45 billion. Headquartered in Paris, its notable investments include NHV Group, Vinci Park, and ESIM Chemicals.
Oaktree Capital Management LP (NYSE: OAK)
Distressed and high-yield debt remains the primary focus of this company, which has about $70 billion in total assets. Aside from US commercial real estate, its current portfolio holds emerging market corporate bonds.
KKR & Company LP (NYSE: KKR)
Holding $98 billion in assets, the company founded in 1976 is recognized as a pioneer in large-scale leveraged buyouts, with involvements in the buyout of TXU and RJR Nabisco. Its current portfolio includes Panasonic Healthcare and Alliant Insurance Services.
TPG Capital LP
With $62 billion in assets, the company specializes in leveraged buyouts and recapitalization. Its portfolio currently holds China Renewable Energy and Airbnb.
Fortress Investment Group LLC (NYSE: FIG)
With $68 billion assets, this is one of the top private equity firms that are engaged in credit and hedge fund management, apart from private equity dealings. Founded in 1998, it now boasts of Penn National Gaming, Rail America, Newcastle Investment Corporation, and Brookdale Senior Living in its portfolio.