...Other PE firms trail KKR by widening margin

There was a brief moment, not too long ago, when people thought Stephen Schwarzman, and the Blackstone Group, had eclipsed Henry Kravis and Kohlberg Kravis Roberts. Fortune had just named Schwarzman the King of Wall Street and there was a sense of transition on the air. Oh, c'mon! Who are we kidding here. KKR still rules the roost. The latest numbers show that KKR has racked up more than $100 billion in deals in the first quarter alone. Texas Pacific group comes in No. 2 with about $50 billion. Now, it's true that the TXU deal may end up really vexing the firm, but there is no way that KKR is not on top. The firms will be creating ever larger funds and looks to be around a while. That said, Blackstone's IPO will be a watershed. I would love to know what KKR thinks of all this.

For more:
- here's the AP article