Despite Credit Fears, Private Asset Managers Press On

Core Viewpoint - Shares of private asset managers such as Blackstone and KKR experienced significant declines last year, falling by double-digit percentage points despite an overall market rise [1] Group 1: Market Performance - Private-equity funds encountered challenges with fewer exits from their holdings, indicating a slowdown in liquidity and investment opportunities [1] - The stock of Blue Owl Capital was negatively impacted by a private-credit scare, reflecting broader concerns in the private credit market [1]