KKR doubles down with PAAMCO Prisma merger deal

Many private equity groups have been enjoying a measure of Schadenfreude from the travails of the hedge fund industry of late – deriving no small satisfaction out of the perceived misfortunes of their counterparts in the hedge fund world at a time when their own fortunes have been on the up, at least for now.


Many private equity groups (with the notable exclusion of multi-alternatives giant Blackstone) have been enjoying a measure of Schadenfreude from the travails of the hedge fund industry of late – deriving no small satisfaction out of the perceived misfortunes of their counterparts in the hedge fund world at a time