The Largest Private Equity Firms
225 firms on this list · showing the ten largest · ranked by regulatory assets under management on Form ADV
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1
$381.6Breg. AUM
KKR
Global alternative manager best known for leveraged buyouts, with credit, infrastructure and real estate arms.
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2
$283.8Breg. AUM
Carlyle
Global alternative manager best known for control private equity buyouts, plus credit and real assets.
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3
$183.5Breg. AUM
Blackstone
Blackstone advisory entity; parent is a global alternative asset manager known for private equity and real estate.
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4
$182.9Breg. AUM
Thoma Bravo
Software-focused private equity firm acquiring control stakes in enterprise technology companies.
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5
$173.6Breg. AUM
TPG
Advisory entity of TPG, a global private equity firm doing control buyouts and growth investments.
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6
$117.8Breg. AUM
Silver Lake
Technology-focused private equity firm making large control and structured investments in software, internet and tech-enabled businesses.
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7
$110.4Breg. AUM
Hellman & Friedman
Private equity firm making large control buyouts in software, financial services, healthcare and consumer sectors.
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8
$106.0Breg. AUM
Vista Equity Partners
Private equity firm acquiring and growing enterprise software and data-focused technology companies.
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9
$96.4Breg. AUM
Bain Capital
Private equity firm making control buyout investments in companies globally.
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10
$92.5Breg. AUM
Cerberus Capital Management
Alternative manager investing in distressed credit, control buyouts and real estate assets.
How this list is built
The number
Regulatory assets under management as disclosed on Form ADV, filed with the SEC. Each filing is public.
Where a firm sits
Firms are placed by the strategy they are principally known for. A manager filing several entities appears once, at its largest.
What is excluded
Banks, brokerages, index managers and wealth advisers. Their assets are a different measure and ranking them beside a fund’s regulatory assets would be meaningless.
Links
Every website is checked as the firm’s own site before publication. Where we cannot confirm one, we print no link rather than a guess.