India: Blackstone, Apollo, Carlyle report slump in PE portfolios in Q1

India: Blackstone, Apollo, Carlyle report slump in PE portfolios in Q1

Photo: Bloomberg

Global private equity majors Blackstone, Apollo Global Management and The Carlyle Group reported a sharp fall in the value of their private equity portfolios as the covid-19 pandemic ravaged markets and economies, forcing the firms to mark down their investments.

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