Will be interesting to see what bonus dividend BX will pay
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P-E sector enjoys another record year. Private-equity firms are set to return over $120B to their investors for this year, surpassing the 2012 record of $115B, Cambridge Associates estimates. The sector has been assisted by low interest rates, which have helped P-E backed companies sell $66.2B worth of debt in 2013 to fund dividends to their owners, up from $64.2B a year earlier. Meanwhile, a record 94 companies with P-E investors brought in $33.3B in IPOs. Those enjoying the boom include Blackstone (BX) and KKR (KKR).