Private equity execs warn of industry failures

Some of private equity's biggest bigs are warning that their industry will consolidate, as some firms die of distribution thirst.

The big picture: Private equity dollars will continue to grow. The number of private equity firms, however, may be another story.

Driving the news: KKR CFO Robert Lewin and Apollo president Jim Zelter issued the alarms earlier this week, in separate speeches at the Barclays Global Financial Services Conference. READ MORE