https://www.wsj.com/articles/private-equity-firms-create-funds-that-are-built-to-last-11546362000
Private-Equity Firms Create Funds That Are Built to Last
Blackstone, Carlyle, KKR and others have launched vehicles that can own companies for 15 years or longer
Blackstone Group's headquarters in New York. The private-equity firm said in September it had $64 billion in long-term funds with an average of 12 years remaining, up more than sevenfold over the past five years.Photo: Victor J. Blue/Bloomberg News
By Miriam Gottfried
Jan. 1, 2019 12:00 pm ET
Private-equity firms, known for buying and selling companies, would like to do more buying and holding.
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