Greetings, Term Sheeters. This is finance reporter Luisa Beltran, subbing for Allie.
But this year has still been tough. The stock prices of many public alt managers have tumbled. Blackstone is down 30% from its 52-week high of $200.96, which it reached in November. KKR hit a 52-week high of $170.40 in January but has since fallen 29% and Apollo is off nearly 31% since reaching its year high of $189.49 in December.
See you tomorrow,
