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KKR & Co. Inc. - KKR STOCK NEWS

Welcome to our dedicated page for KKR & Co. news (Ticker: KKR), a resource for investors and traders seeking the latest updates and insights on KKR & Co. stock.

KKR & Co. Inc. (NYSE: KKR), founded in 1976 by Henry Kravis and George Roberts, is a leading global investment firm managing investments across various asset classes such as private equity, energy, infrastructure, real estate, credit, and hedge funds. Headquartered in New York, KKR aims to generate attractive investment returns through a patient and disciplined investment approach, employing world-class talent, and driving growth and value creation at the asset level.

As of March 2023, KKR boasts an impressive $577.6 billion in total managed assets, which includes $470.6 billion in fee-earning assets under management (AUM). KKR operates through two primary segments: Asset Management and Insurance. The Asset Management segment involves private markets (private equity, credit, infrastructure, energy, and real estate) and public markets (primarily credit and hedge/investment fund platforms). The Insurance segment follows KKR's acquisition of Global Atlantic Financial Group, focusing on retirement, annuity, life insurance, and reinsurance products.

KKR invests its own capital alongside its partners' capital, offering opportunities through its capital markets business. The firm's commitment to excellence and growth is evident in its strategic partnerships and significant investments, such as its recent venture with Capital Group to introduce hybrid public-private market investment solutions designed to provide broader access to alternative investments.

In recent news, KKR announced significant developments, including a strategic partnership with Capital Group and a $600 million cash acquisition of Mirus Bio by Gamma Biosciences, a life sciences platform established by KKR.

  • Latest News: FS KKR Capital Corp. declared a second-quarter 2024 distribution of $0.75 per share.
  • Strategic Partnerships: KKR and Capital Group join forces to create hybrid public-private market investment solutions.
  • Acquisitions: Gamma Biosciences, backed by KKR, agreed to sell Mirus Bio to Merck KGaA for $600 million.

For more information, visit KKR's website or follow them on Twitter: @kkr_co.

News

KKR to Acquire Broadcom’s End-User Computing Division

Rhea-AI Summary
KKR acquires Broadcom's End-User Computing Division for $4 billion, creating a standalone company focused on digital workspace solutions. The deal aims to empower customers with innovative platforms like Workspace ONE and Horizon, driving growth and strategic partnerships.
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Global Atlantic Closes $10 Billion Block Reinsurance Transaction with Manulife across both US and Japan Business

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Global Atlantic Financial Group closes $10 billion reinsurance deal with Manulife Financial Corporation, reinforcing its position as a leading reinsurer in the annuity and life insurance market globally.
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Global Atlantic Celebrates Expansion of Hartford Office to Support Continued Growth

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Global Atlantic Financial Group completes expansion of office space in Hartford, showcasing a newly renovated 47,000 square feet area in the iconic Gold Building. The project includes a large café, game room, coffee bar, and state-of-the-art technology in conference rooms. The company now supports up to 400 employees in Hartford, with significant growth and contributions to the city's economic development.
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UNIVERSAL MUSIC GROUP ACQUIRES MINORITY STAKE IN CHORD MUSIC PARTNERS

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Universal Music Group (UMG) acquires a 25.8% stake in Chord Music Partners for $240 million, valuing Chord at $1.85 billion. UMG and Dundee Partners form a strategic partnership to manage Chord's music IP catalog, including works from iconic artists like The Weeknd and Lorde.
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Media Advisory: Global Atlantic Financial Group Celebrates Hartford Expansion

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Global Atlantic Financial Group completes renovations on the 18th floor of the Gold Building in downtown Hartford. The company will unveil its expanded office space, totaling almost 47,000 square feet, supporting its growth in the area. Key guests at the media briefing include Governor Ned Lamont, Commissioner-designate Daniel O’Keefe, and Mayor Arunan Arulampalam.
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KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

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KKR announces lead role in debt financing for Clarience Technologies' Acquisition of Safe Fleet, enhancing fleet safety solutions and cross-selling opportunities.
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KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

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KKR released a new asset allocation report titled 'Loud and Clear' based on a survey of 75 Chief Investment Officers, revealing family offices' growth ambitions. The report highlights diversification across asset classes, increased allocations to Alternatives, Private Credit, and Infrastructure, and a shift away from Public Equities and Cash. Family offices are focusing on compounding capital, leveraging illiquidity premium, and investing in key themes like supply chain disruption and artificial intelligence. Geopolitics is a growing concern for CIOs, surpassing inflation as the main risk.
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KKR to Present at the Bank of America Securities Financial Services Conference 2024

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KKR & Co. Inc. CFO Robert H. Lewin to present at Bank of America Securities Financial Services Conference 2024. The presentation will be available via live webcast on February 21, 2024, at 10:30AM ET, with a replay available shortly after the event. For more information, visit KKR's Investor Center section at https://ir.kkr.com/events-presentations/
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KKR & Co. Inc. Reports Fourth Quarter 2023 Results

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KKR & Co. Inc. (NYSE: KKR) has reported its fourth quarter 2023 results, available on the Investor Center section of KKR’s website. A conference call to discuss the financial results will be held on February 6, 2024, at 10:00 a.m. ET.
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KKR Closes US$6.4 Billion Asia Pacific Infrastructure Investors II Fund

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KKR closes US$6.4 billion Asia Pacific Infrastructure Fund, largest in the region, with more than half already invested. The fund is focused on infrastructure-related investments across Asia Pacific and has already committed to approximately 10 investments. KKR's Asia Pacific infrastructure platform has grown to approximately US$13 billion in assets under management since its inception in 2019.
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FAQ

What is the current stock price of KKR & Co. (KKR)?

The current stock price of KKR & Co. (KKR) is $160.03 as of November 27, 2024.

What is the market cap of KKR & Co. (KKR)?

The market cap of KKR & Co. (KKR) is approximately 143.5B.

What does KKR & Co. Inc. do?

KKR & Co. Inc. is a global investment firm managing investments across various asset classes including private equity, energy, infrastructure, real estate, credit, and hedge funds.

Who founded KKR & Co. Inc.?

KKR & Co. Inc. was founded in 1976 by Henry Kravis and George Roberts.

What are the main business segments of KKR?

KKR operates through two primary segments: Asset Management, which includes private and public markets, and Insurance, primarily through Global Atlantic Financial Group.

How much are KKR's total managed assets?

As of March 2023, KKR manages $577.6 billion in total assets.

What recent strategic partnerships has KKR announced?

KKR recently announced a strategic partnership with Capital Group to create hybrid public-private market investment solutions.

What recent acquisitions has KKR been involved in?

Gamma Biosciences, established by KKR, announced the $600 million cash acquisition of Mirus Bio by Merck KGaA.

Where can I find more information about KKR & Co. Inc.?

You can find more information on KKR's official website at www.kkr.com.

What is KKR’s approach to investments?

KKR follows a patient and disciplined investment approach, employing world-class talent and driving growth and value creation at the asset level.

How can I stay updated with KKR’s news?

You can follow KKR on Twitter at @kkr_co or visit their website for the latest updates.

What is the significance of KKR's partnership with Capital Group?

The partnership aims to provide innovative hybrid public-private market investment solutions, making alternative investments more accessible to a wider range of investors.

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KKR & Co. Inc.

NYSE:KKR

KKR Rankings

#89 Ranked by Market Cap
#2039 Ranked by Dividends

KKR Stock Data

143.51B
672.92M
24.01%
60.89%
1.29%
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