Key Takeaways
- • The seven largest alternative asset managers are down about 50% from their highs on average, according to an opinion piece by Jussi Askola, CFA, published on Seeking Alpha.
- • The author names Blackstone (BX), Brookfield Asset Management (BAM), KKR (KKR), and Apollo Global Management among the group and argues that current valuations are historically low.
- • The author cites AI and infrastructure investment as potential drivers of substantial future growth for the sector.
- • Askola discloses a beneficial long position in OWL, BAM, and BN, which bears on how the piece should be weighed.
- • The piece is a single-analyst opinion urging purchases of individual stocks, not an institutional research report, and the excerpt provides no valuation multiples or fund-level data.
Summary
According to an opinion article by Jussi Askola, CFA, written for High Yield Investor and published on Seeking Alpha, the seven largest alternative asset managers have fallen about 50% from their highs on average. The excerpt names Blackstone Inc. (BX), Brookfield Asset Management Ltd. (BAM), KKR & Co. Inc. (KKR), and Apollo Global Management among the group, though the list is truncated in the available text.
The author argues that the drawdown represents a historic buying opportunity. He points to historically low valuations that he believes could generate exceptional long-term returns, and he identifies AI and infrastructure investments as areas that could fuel significant growth for the managers. The excerpt does not quantify these growth expectations or provide specific valuation multiples, fund flows, or performance data, so the thesis rests on the author's assertions.
Askola's analyst disclosure states that he holds a beneficial long position in OWL, BAM, and BN through stock, options, or other derivatives. He states that he received no compensation for the article beyond payment from Seeking Alpha. Seeking Alpha's disclosure notes that the views expressed do not necessarily reflect the platform's, that no investment recommendation is being made, and that its contributing authors may not be licensed or certified.
The article also carries a promotional element, inviting readers to join High Yield Investor for exclusive access to the author's real-world portfolio. For institutional readers, the piece is best treated as a single-analyst view with a disclosed position rather than as independent research on the sector.
The author argues that the drawdown represents a historic buying opportunity. He points to historically low valuations that he believes could generate exceptional long-term returns, and he identifies AI and infrastructure investments as areas that could fuel significant growth for the managers. The excerpt does not quantify these growth expectations or provide specific valuation multiples, fund flows, or performance data, so the thesis rests on the author's assertions.
Askola's analyst disclosure states that he holds a beneficial long position in OWL, BAM, and BN through stock, options, or other derivatives. He states that he received no compensation for the article beyond payment from Seeking Alpha. Seeking Alpha's disclosure notes that the views expressed do not necessarily reflect the platform's, that no investment recommendation is being made, and that its contributing authors may not be licensed or certified.
The article also carries a promotional element, inviting readers to join High Yield Investor for exclusive access to the author's real-world portfolio. For institutional readers, the piece is best treated as a single-analyst view with a disclosed position rather than as independent research on the sector.
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