What is the most prestigious private equity firm?
The four largest publicly traded private equity firms are Apollo Global Management (APO), The Blackstone Group (BX), The Carlyle Group (CG), and KKR & Co. (KKR).
The four largest publicly traded private equity firms are Apollo Global Management (APO), The Blackstone Group (BX), The Carlyle Group (CG), and KKR & Co. (KKR).
Blackstone Inc. (
Blackstone slipped from its usual spot atop the PEI 300 list in 2022. Despite that, the company remains a dominant player in the industry. As measured by assets under management, Blackstone is far ahead of even KKR, as Blackstone had an AUM of $951 billion as of the third quarter of 2022.
These roles are also responsible for setting the overall investment strategy within a firm, which is a key undertaking. A managing director (MD) is the most senior position at a private equity firm.
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $241,298 | $4,640 |
| 75th Percentile | $187,500 | $3,605 |
| Average | $143,004 | $2,750 |
| 25th Percentile | $113,500 | $2,182 |
KKR is one of the oldest and most prominent private equity investors in the world and is often credited with popularizing the leveraged buyout as an investing strategy. KKR was founded in 1976 and led the famous leveraged buyout of RJR Nabisco in the late 80s.
| Position Title | Typical Age Range | Time for Promotion to Next Level |
|---|---|---|
| Senior Associate | 26-32 | 2-3 years |
| Vice President (VP) | 30-35 | 3-4 years |
| Director or Principal | 33-39 | 3-4 years |
| Managing Director (MD) or Partner | 36+ | N/A |
Private equity is a core pillar of BlackRock's alternatives platform. BlackRock's Private Equity teams manage USD$41.9 billion in capital commitments across direct, primary, secondary and co-investments.
Is a job at KKR or Blackstone more reputable? Both are completely reputable, and both are very prestigious.
Which celebrity owns KKR?
Kolkata Knight Riders (KKR) are a professional franchise cricket team representing the city of Kolkata in the Indian Premier League. The franchise is owned by Bollywood actor Shah Rukh Khan, actress Juhi Chawla and her spouse Jay Mehta. Their home ground is the Eden Gardens stadium in Kolkata.
The Kolkata Knight Riders-Royal Challengers Bangalore is a cricket rivalry between the IPL teams of Kolkata Knight Riders and Royal Challengers Bangalore in the Indian Premier League (IPL) and the defunct Champions League Twenty20 (CLT20).
2022-09-08 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 36,097,470 shares of KKR & Co. Inc. (US:KKR). This represents 4.2 percent ownership of the company.
Private equity owners make money by buying companies they think have value and can be improved. They improve the company or break it up and sell its parts, which can generate even more profits.
| State | Annual Salary | Monthly Pay |
|---|---|---|
| California | $89,038 | $7,419 |
| Maryland | $88,832 | $7,402 |
| Tennessee | $88,240 | $7,353 |
| Utah | $87,969 | $7,330 |
| State | Annual Salary | Monthly Pay |
|---|---|---|
| New York | $80,941 | $6,745 |
| Alabama | $80,795 | $6,732 |
| Nevada | $80,199 | $6,683 |
| Ohio | $79,589 | $6,632 |
How much does a Principal make at KKR in the United States? Average KKR Principal yearly pay in the United States is approximately $248,270, which is 137% above the national average.
Principals are the next most senior role and usually need to have several years of experience as a VP before making the leap. Principals are evaluated on their ability to find promising companies and close deals on them.
Is it hard to get hired at BlackRock? Glassdoor users rated their interview experience at BlackRock as 61.2% positive with a difficulty rating score of 2.97 out of 5 (where 5 is the highest level of difficulty).
Salaries. Of the top 3 common jobs between the two companies, The Blackstone Group salaries averaged $1,044 higher than KKR.
Is KKR or Blackstone better?
Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents. Blackstone Inc has a Quality Score of 73, which is Strong. KKR & Co Inc has a Quality Score of 26, which is Weak.
KKR's popularity has also been attributed to the presence of its owners Shah Rukh Khan and Juhi Chawla Mehta KKR has recently released a video capturing the fans of Kolkata to thank them for their continuous support for making the team that it is today.
| Position | Typical Time in Role | Bonus |
|---|---|---|
| Associate | 2 – 3 Years | $50k – $150k |
| Senior Associate | 2 – 3 Years | $100k – $200k |
| Vice President | 3 – 4 Years | $200k – $500k |
| Director | 3 – 4 Years | $250k – $600k |
PE to the Buyside
Another path forward is moving to another part of the buyside. These options include going to a hedge fund, venture capital firm or even a family office is not unheard of. For the hedge fund route, it may make sense if you like public markets more than working on (mostly) private transactions.
Heidrick & Struggle's data suggests that at the top end, a managing partner in a private equity firm with at least $1bn in Assets Under Management (AUM), can expect to earn at least $3.5m in salaries and bonuses, plus around $35m in carried interest over a fund's lifecycle (typically around five years).
