{
  "id": 6027058,
  "title": "Big Institutions are Quietly Buying Into Blackstone (BX) and KKR’s Wealth Funds",
  "url": "https://urgent.news/2026/09/06/big-institutions-are-quietly-buying-into-blackstone-bx-and-kkrs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-06T19:26:55.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/big-institutions-quietly-buying-blackstone-192655710.html"
  },
  "original_language": "en",
  "account": "Institutional investors are increasingly allocating capital to private market funds originally created by Blackstone and KKR for wealthy individuals, according to a report by the Financial Times. These evergreen funds allow investors to access capital at set intervals rather than locking it up for long periods. Blackstone's wealth business has seen some institutions begin to invest in these products, though they currently account for a small portion of the capital raised. KKR has expanded the share of deals its evergreen K-Series funds can take, raising it from 7.5% to 20% in some instances. This growing institutional interest provides another source of sophisticated capital for these wealth-focused products, potentially helping Blackstone and KKR expand their wealth-management businesses beyond traditional individual investors.",
  "summary": null,
  "key_points": [
    "Institutional investors allocating to Blackstone, KKR funds",
    "Evergreen funds offer capital access at set intervals",
    "KKR expanded K-Series funds share from 7.5% to 20%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}