From Breakingviews - Breakingviews - COMMENTARY: Buyout barons’ forever funds have mortal flaws ↧ ↧ Breakingviews - COMMENTARY: Buyout barons’ forever funds have mor... Blackstone, ​KKR, EQT and peers ⁠have raised $100 ​bln for perpetual ​private-equity vehicles. Yet no two look alike, and ​performance is ​patchy so far. With ‌cashing ⁠out the only option for investors to bank ​returns, ​the ⁠risk of an eventual ​exodus is high.