Thanks to big banks being regulated out of businesses like hedge fund investing, private equity investors like Henry Kravis and Steve Schwarzman have been presented with a golden opportunity to diversify away from leveraged buyouts and grow their assets.  Kravis' investment firm is taking a 24.9% stake in the London fund, which manages $22 billion in assets under management. KKR could grow its ownership interest over time to 39.9%. The firm isn't exactly coy about why its doing this: "Hedge fund assets, now at $3 trillion globally, are the largest part of the alternative asset management industry," it said in a statement Wednesday announcing the partnership with the...