Blackstone recently joined the S&P 500 index. But the jury is still out as to whether private equity delivers the long-term outperformance to justify its.
From Bloomberg: For years private equity firms had a simple way to keep investors happy: sell assets and share the proceeds. As the golden era of easy dealmaking and cheap debt ends, they're having to try different approaches.
Executives at one financial advisory firm said the firm has been flooded with calls from funds asking about strategies that might prop up returns and capital.