Allison McNeely
@allisonmcneely.bsky.social
Bloomberg News reporter covering private equity. amcneely@bloomberg.net. Canadian in New York.
Advisers to President Donald Trump are considering a new directive to pave the way for private equity to become a bigger piece of US retirement savings. www.bloomberg.com/news/article...
White House Weighs Directive to Bring Private Equity to 401(k)s
Advisers to President Donald Trump are considering a new directive to pave the way for private equity to become a bigger piece of US retirement savings, according to people familiar with the matter.
bloomberg.com
shout out to Ed Helms for the perfect endorsement of Bloomberg (and we don't just do finance news!).
When KKR & Co. thought about the future of a unit investing in the most sluggish part of private markets, it turned to a hot sector. Our look at the creation of the firm's Real Assets unit and what's next. www.bloomberg.com/news/article...
KKR’s Infrastructure Whisperer Looks to Reawaken Property Arm
When KKR & Co. thought about the future of a unit investing in the most sluggish part of private markets, it turned to a hot sector.
bloomberg.com
Private equity firms are taking the longest in more than a decade to give investors their money back. Elite college endowments, some of their most dependable clients, can’t wait much longer. www.bloomberg.com/news/article...
Elite Colleges Lead a Rush for the Exits of Private Equity
Private equity firms are taking the longest in more than a decade to give investors their money back. Elite college endowments, some of their most dependable clients, can’t wait much longer.
bloomberg.com
Bloomberg's Canadian election tracker looks great. I'll be following closely (from afar!) to see how my fellow citizens vote. www.bloomberg.com/graphics/202...
Canadian Election Live Results 2025
Track Canada’s electoral seats, districts, and key battlegrounds in real time
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the best part of going to IKEA is imagining all the great upgrades you can make to your apartment, then getting overwhelmed and just walking out with a new vase and some candles.
Private equity firms are angling for a piece of your 401(k). My colleague Dawn Lim and I delved into how the industry is positioning itself to tap a sliver of the roughly $12 trillion held in defined-contribution retirement plans. www.bloomberg.com/news/article...
Private Equity Is Coming for America’s $12 Trillion in Retirement Savings
Inside the push to change how every American’s nest egg is invested and make private assets mainstream.
bloomberg.com
KKR & Co.’s plan to break from the traditional buyout model and hold some bets on its own books for decades is being directed by a tight-knit group, including co-founders Henry Kravis and George Roberts. www.bloomberg.com/news/article...
KKR Founders Help Drive Its Quest to Become a ‘Mini Berkshire’
KKR & Co.’s plan to break from the traditional buyout model and hold some bets on its own books for decades is being directed by a tight-knit group, including co-founders Henry Kravis and George R...
bloomberg.com
KKR is tapping new leaders for its Global Atlantic insurance unit and moving Allan Levine, its CEO and co-founder, into the role of executive chairman. Billy Butcher and Manu Sareen will become co-heads of Global Atlantic and lead day-to-day operations. www.bloomberg.com/news/article...
KKR Names New Global Atlantic Leaders, Succeeding Allan Levine
KKR & Co. is tapping new leaders for its Global Atlantic insurance unit and moving Allan Levine, its CEO and co-founder, into the role of executive chairman.
bloomberg.com
Blue Owl Capital has raised more than $1 billion for its first strategy backing continuation vehicles by offering a unique sweetener to early investors -- they get a cut of the fees in a retail fund that will be raised alongside the institutional fund. www.bloomberg.com/news/article...
Blue Owl Gathers $1 Billion After Pitching an Unusual Sweetener
Blue Owl Capital Inc. gathered at least $1 billion of commitments after pitching an unorthodox incentive to anchor investors in a strategy backing asset-shuffling private equity deals.
bloomberg.com
🎙️ LIVE AT 12PM EST: How are investors and business leaders navigating new uncertainty and opportunity in 2025? It's a theme infused in this year's #BloombergInvest in New York. Bloomberg journalists will answer your questions in a Live Q&A: bloom.bg/3EWKHp3
Looking forward to joining this event with a few of my colleagues on Monday. Hope you'll tune in.
Bloomberg News@bloomberg.com · last yr.🎙️ SAVE THE DATE: How are investors and business leaders navigating new uncertainty and opportunity in 2025? It's a theme infused in this year's #BloombergInvest in New York. Bloomberg journalists will answer questions in a Live Q&A: bloom.bg/3EWKHp3
As a Canadian (who lives in the US), I've been curious if Americans broadly realize -- or care -- how mad their northern neighbours are right now. Great story from @geoffmorgan.bsky.social. (My mom also switched her dog's food to a Canadian brand.) www.bloomberg.com/news/article...
‘Buy Canada, Bye America’: Trump’s Taunts Spur Fury in the North
Grocery stores are promoting homegrown produce to consumers as 85% of Canadians hunt for alternatives to US goods.
bloomberg.com
Private equity firms face a sober reckoning on their renewable energy bets. Simply put, a lot of those startups aren’t worth nearly what their sponsors paid for them, and some of those zero-emission ventures are just plain zeroes. www.bloomberg.com/news/article...
Private Equity’s Zero-Emission Bets Rack Up Lots of Zero Returns
Private equity firms face a sober reckoning on their renewable energy bets. Simply put, a lot of those startups aren’t worth nearly what their sponsors paid for them, and some of those zero-emission v...
bloomberg.com
KKR has gathered around $14 billion ahead of a first close of its North America private equity fund, a sign of momentum during a difficult environment for the asset class. www.bloomberg.com/news/article...
KKR Nears $14 Billion for Buyout Fund in Show of Momentum
KKR & Co. is more than halfway to a $20 billion money-raising goal for its North America buyout fund, a sign of momentum during a difficult environment for the asset class.
bloomberg.com
President Donald Trump is once again saying he wants to end a tax perk used by private equity fund managers, a policy feat that politicians have tried and failed to achieve for more than a decade. www.bloomberg.com/news/article...
Trump Takes Aim at Private Equity’s Favorite Tax Loophole Again
President Donald Trump is once again saying he wants to end a tax perk used by private equity fund managers, a policy feat that politicians have tried and failed to achieve for more than a decade.
bloomberg.com
KKR has hired Melissa Kivett as its first head of defined contribution to lead the alternative asset manager's efforts to develop products and partnerships to sell private assets into 401(k) plans. www.bloomberg.com/news/article...
KKR Hires First Head of Defined Contribution in 401(k) Push
KKR & Co. hired its first head of defined contribution as the alternative asset manager looks to make its investments a bigger presence in retirement products for individuals.
bloomberg.com
KKR & Co. is moving its infrastructure and real estate assets under the same leadership as it looks to capitalize on converging opportunities between the rapidly expanding investing units. www.bloomberg.com/news/article...
KKR Combines $157 Billion Infrastructure, Real Estate Businesses
KKR & Co. is moving its infrastructure and real estate assets under the same leadership as it looks to capitalize on converging opportunities between the rapidly expanding investing units.
bloomberg.com
Private equity has embraced a form on financial engineering that allows firms to hold onto assets for longer while generating returns for initial investors. Now that strategy is running into trouble. www.bloomberg.com/news/article...
Private Equity Faces Pockets of Distress for Long-Held Assets
Private equity firms’ strategy of shuffling assets to buy more time for investments to pan out is starting to show signs of weakness.
bloomberg.com
Sending myself money for winning the fantasy football league that I’m co-commissioner of
Todd Boehly's Security Benefit Life has produced market-leading returns through a strategy of investing in loans to affiliated companies. But that strategy has raised concerns in some corners of the life insurance industry. Latest, with @alexrajbhandari.bsky.social. www.bloomberg.com/news/article...
Boehly’s Insurer Reaps Gains and Doubts From Loans to His Firms
Private equity firms have become enamored with insurance and the stable money it provides for credit bets. Todd Boehly is taking it a step further with Security Benefit Life Insurance Co.
bloomberg.com
Read this amazing story from Dawn Lim and Josh Saul about what happened to Fayetteville, Georgia, when a Blackstone-backed data-center developer came to town. www.bloomberg.com/news/feature...
Blackstone’s Data-Center Ambitions School a City on AI Power Strains
Property owners around Fayetteville, Georgia, are at the front lines of a battle over infrastructure critical to our tech future.
bloomberg.com
A great list of things to read and listen to thanks to Businessweek's annual Jealousy List www.bloomberg.com/features/202...
The Stories We Most Admired in 2024: Businessweek’s Jealousy List
The stories we admired most this year.
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A booming market to inject fresh money into hard-to-sell energy assets owned by private equity firms is drawing interest from hedge funds and other investors, leading to big wins and steep losses. www.bloomberg.com/news/article...
Baupost, Elliott Bet Big on Private Equity’s Aging Energy Assets
A booming market to inject fresh money into hard-to-sell energy assets owned by private equity firms is drawing interest from hedge funds and other investors, leading to big wins and steep losses.
bloomberg.com
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Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also help unlock trillions of dollars for its hottest business line. www.bloomberg.com/news/article...
Apollo Faces CEO Question and Golden Moment If Trump Picks Rowan as Treasury Chief
Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also h...
bloomberg.com
The biggest private equity firms are gearing up to push for including private assets in 401(k)s as they see a friendlier regulatory environment under President-elect Donald Trump's administration. www.bloomberg.com/news/article...
Trump Win Boosts Firms’ Optimism About Putting PE in 401(k)s
The biggest US private equity firms anticipate that President-elect Donald Trump’s victory could aid their ambitions to capture some of the $11 trillion sitting in defined-contribution plans such as 4...
bloomberg.com
Carried interest is back. Performance-related pay at private equity firms has risen 33% in the first 9 months of the year compared to 2023 as deal-making has returned. www.bloomberg.com/news/article...
Carry Makes a Comeback, Pushing Pay in Private Equity Higher
A combination of increased deal activity and changes in pay structures has driven big gains in the payouts investment firms made to employees this year.
bloomberg.com