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Private Equity Hands Shareholders Windfall Despite Slow Sales

  • Apollo, KKR boosted their annual dividends for 2024 last week
  • Carlyle has increased its capacity for share buybacks
Apollo's Zelter Sees Pockets of Stress in Economy
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Private equity firms are struggling to get cash back into the hands of their fund investors amid a prolonged lull in dealmaking. They aren’t having that problem with shareholders.

Apollo Global Management Inc. and KKR & Co. boosted their annual dividends for 2024 last week. Carlyle Group Inc. said Wednesday that it increased capacity for its share buybacks to $1.4 billion of stock.