It has a property arm, an advisory business, credit businesses and the largest fund of hedge funds in the world. Private equity now accounts for only 25% of its assets, down from nearly 39% in 2006 (see chart).
But neither the Times nor the Journal mentions that Mr. Scowcrofts main business since 1994 has been as president of the Scowcroft Group, whose Web site describes it as an international businessadvisory group.