KKR & Co. Inc. Reports First Quarter 2024 Results

Rhea-AI Summary

KKR & Co. Inc. reported its first quarter 2024 results, emphasizing its financial performance and upcoming conference call. The company is a global investment firm focusing on alternative asset management, capital markets, and insurance solutions. KKR aims to deliver attractive investment returns through disciplined strategies and world-class talent.

Positive

• Strong financial performance reported in the first quarter of 2024.

• Focus on alternative asset management, capital markets, and insurance solutions.

• Commitment to generating attractive investment returns through disciplined strategies.

• Emphasis on supporting growth in portfolio companies and communities.

Negative

• None.

Insights

Financial Analyst

A scrutiny of KKR's Q1 2024 financial results may reveal shifts in the company's profitability, assets under management (AUM) and operational efficiency. These figures are pivotal indicators of KKR's fiscal health and can influence investor sentiment. A surge in AUM, for instance, typically suggests robust fund inflows and potentially greater future management fees. Conversely, stagnant or declining AUM might signal a tepid fundraising environment or investor withdrawals, which could dampen future revenue streams.

Investment Strategy Expert

From an investment strategy standpoint, KKR's performance in private equity, credit and real assets offers a window into broader market trends, including sector growth and risk appetite. The success of their strategic partners in hedge funds could also reflect on market volatility and the firm's adaptability to it. Additionally, the performance of KKR’s insurance subsidiaries, particularly in the retirement and life space, is critical to understanding the company's diversification strategy and resilience against market downturns.

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its first quarter 2024 results, which have been posted to the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/.

A conference call to discuss KKR’s financial results will be held today, Wednesday, May 1, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not required. Additionally, the conference call will be broadcast live over the Internet and may be accessed through the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. A replay of the live broadcast will be available on KKR’s website beginning approximately one hour after the broadcast.

ABOUT KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240501696101/en/

Investor Relations:

Craig Larson

+1 (877) 610-4910 (U.S.) / +1 (212) 230-9410

investor-relations@kkr.com

Media:

Kristi Huller, Miles Radcliffe-Trenner or Julia Kosygina

+ 1 (212) 750-8300

media@kkr.com

Source: KKR & Co. Inc.

FAQ

What were the highlights of KKR & Co. Inc.'s first quarter 2024 results?

KKR & Co. Inc. reported strong financial performance for the first quarter of 2024.

What is KKR's primary focus as a global investment firm?

KKR focuses on alternative asset management, capital markets, and insurance solutions.

How does KKR aim to generate investment returns?

KKR aims to generate attractive investment returns through disciplined strategies and world-class talent.

When will the conference call to discuss KKR's financial results take place?

The conference call will be held on Wednesday, May 1, 2024, at 10:00 a.m. ET.

How can I access the conference call to discuss KKR's financial results?

The conference call can be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers) or through the Investor Center section of KKR’s website.

What sectors does KKR invest in?

KKR invests in private equity, credit, and real assets, and has strategic partners managing hedge funds.