In recent years, investors have poured money into alternative investment vehicles like private equity and hedge funds. Because of that, leading alternative investment managers are flush with cash. Industry behemoths Blackstone (NYSE: BX), Brookfield Asset Management (NYSE: BAM), and  (NYSE: KKR) have amassed a combined total of $379 billion of dry powder that they can deploy to capitalize on future investment opportunities.

That positions this trio to potentially generate superior returns for investors in those recently raised funds, which will flow down to the companies' shareholders via higher earnings and dividends in the coming years. Here's a look at how much dry power they've amassed and how finding compelling opportunities to deploy that capital will benefit their investors.

There has been much discussion recently about the money flowing out of some of Blackstone's investment funds geared toward high-net-worth investors, like the Blackstone Real Estate Income Trust (BREIT). However, institutional investors continue to entrust the firm with their capital. It recorded $40 billion of inflows from investors in the first quarter. 

Continue reading

Source Fool.com