Is Blackstone’s portfolio operations group similar to KKR Capstone?

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My understanding is that KKR has more of an arms length relationship with Capstone; where as Blackstone portfolio ops works more closely.

Would be curious to validate

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Not that I’ve seen. Capstone is 100 professionals versus the 800 PE professionals at KKR; while people have left Capstone recently relative to PEs size, I would not say it’s larger than PEs turnover. It’s just more noticeable when a Capstone professional leaves due to its smaller size.

Didn’t realize blackstone had a port ops team — what types of functions do they do?

Interested as well

F

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