Charles Schwab to buy KKR? That is just one of 10 ‘outrageous’ predictions for 2020

Charles Schwab to buy KKR? That is just one of 10 ‘outrageous’ predictions for 2020

Antoine Dréan, chairman of private-equity advisory firm Triago, has published his 10 "outrageous" predictions for 2020.. Dréan said that the predictions seek to amuse through exaggeration.. the largest private-equity fund manager in the world with $554 billion under management, unveils a pooled vehicle for channeling individual investor capital into its private-equity funds.. Dubbed Blackstone Main Street, the fund is promoted by a $40 million marketing campaign and raises some $25 billion in its first month.. ($61.3 billion in market capitalization) joins the top-tier of private-equity managers in one fell swoop, announcing the $26.4 billion acquisition of listed private-equity giant KKR. The move sparks a merger and acquisition frenzy, as major asset managers, bulge-bracket brokerages and large banks compete to buy up private-equity managers.. -three of Britain's 11 largest companies in terms of revenues-are taken private in three separate deals by global private-equity firms allied with some of their biggest limited partners.. SoftBank Raises $150 Billion for Vision Fund II, 40% Funded by China. In November, following the August signing of the phase two U.S.-China trade agreement (ending the first major tariff war between the U.S. and China), SoftBank Vision Fund founder, Masayoshi Son announces the $150