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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

FSK Announces Earnings Release and Conference Call Schedule for Fourth Quarter and Full Year 2023

Rhea-AI Summary
FS KKR Capital Corp. (NYSE: FSK) will release its Q4 and full year 2023 results on February 26, 2024, followed by a conference call the next day. Participants can register in advance and access the call via webcast. An investor presentation will also be available on the company's website.
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KKR Provides Global Accounts Receivable Facility to Weber LLC

Rhea-AI Summary
KKR has provided a non-recourse accounts receivable financing of $200 million for Weber LLC to support the company's operations and strategic investments in long-term growth. The facility is collateralized by certain accounts receivables of Weber in the U.S. and international markets, with potential subsequent closes of up to $100 million across European markets expected in the first half of 2024. KKR Capital Markets acted as lead arranger and sole bookrunner.
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KKR & Co. Inc. to Announce Fourth Quarter 2023 Results

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KKR & Co. Inc. (NYSE: KKR) will release its financial results for the fourth quarter of 2023 on February 6, 2024. The conference call to discuss the financial results will be held at 10:00 a.m. ET on the same day. The call can be accessed via phone or live broadcast on KKR's website. A replay of the broadcast will also be available on the website.
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KKR Launches New Digital Global Education Platform for Financial Advisors and Individual Investors

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KKR, a leading global investment firm, has launched 'KKR Alternatives Unlocked,' a digital platform aimed at empowering financial advisors and individual investors to better understand the alternatives investing landscape. Despite the potential for competitive differentiation, only 1.4% of the estimated $192 trillion in the wealth sector globally was allocated to alternative asset classes in 2022. The platform features macroeconomic insights, investment perspectives, and educational content across private equity, infrastructure, real estate, and credit asset classes, aiming to bridge the knowledge gap and make private markets investing more accessible.
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KKR Completes Acquisition of Remaining 37% of Global Atlantic

Rhea-AI Summary
KKR & Co. Inc. (NYSE: KKR) acquires the remaining 37% of Global Atlantic Financial Group LLC, increasing its ownership to 100%. KKR has been serving as Global Atlantic's asset manager since acquiring a majority stake in 2021. The transaction aims to enhance collaboration and synergies between the two companies, providing compelling solutions for clients and policyholders.
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KKR Income Opportunities Fund Declares Monthly Distributions of $0.1215 Per Share

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KKR Income Opportunities Fund (KIO) announces monthly distributions of $0.1215 per common share, representing an annualized distribution rate of 11.66%. The distribution schedule for January, February, and March is also provided. Investors should carefully consider the Fund's investment objectives, risks, charges, and expenses before investing.
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KKR Announces Intra-Quarter Monetization Activity Update for the Fourth Quarter

Rhea-AI Summary
KKR (KKR) reports over $500 million in total realized performance income and total realized investment income for the period from October 1, 2023, to December 21, 2023, driven by strategic and secondary sale transactions, dividend and interest income, and incentive fees from hedge fund partnerships.
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KKR Income Opportunities Fund Q3 2023 Investor Call Now Available

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KKR Income Opportunities Fund (KIO) announces availability of Q3 2023 investor call with market color and portfolio updates
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KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

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KKR (KKR) leads the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank National Association, part of BMO Financial Group. BMO purchased approximately $6.4 billion of senior notes collateralized by the sold loans. KKR's Asset-Based Finance (ABF) strategy focuses on privately originated and negotiated credit investments backed by large and diversified pools of financial and hard assets, offering diversification to traditional corporate credit and attractive risk-adjusted returns. KKR has made 73 ABF investments globally since 2016, with approximately $47 billion in ABF assets under management. The investment comes from KKR's credit funds and accounts, with Kennedy Lewis Investment Management LLC also participating in the transaction.
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KKR Releases 2024 Global Macro Outlook

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KKR (KKR): Henry McVey's 2024 Global Macro Outlook maintains a constructive tilt on the investing landscape, emphasizing the potential for value creation and opportunities for long-term and short-term investors. Key tailwinds include central bank support, post-bear market equity returns, bottomed earnings, and compelling technical bid for credit and equities. Mega-themes for investment opportunities and hedges include industrial automation, security of everything, intra-Asia connectivity, labor productivity/workforce development, artificial intelligence, and decarbonization.
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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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