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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.

Rhea-AI Summary
KKR & Co. Inc. (NYSE: KKR) reported its third quarter 2023 results. The conference call to discuss the financial results will be held on Tuesday, November 7, 2023, at 10:00 a.m. ET. The 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. A replay will be available on the website approximately one hour after the broadcast.
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FS KKR Capital Corp. (NYSE: FSK) has declared a fourth quarter 2023 distribution of $0.70 per share, resulting in a total fourth quarter distribution of $0.75 per share when combined with the previously declared $0.05 per share special distribution. Additionally, the company has declared additional special distributions totaling $0.10 per share to be paid in two equal installments of $0.05 per share in February and May 2024.
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KKR has announced the final closing of KKR Global Impact Fund II, a $2.8 billion fund dedicated to investing in companies that contribute to the United Nations Sustainable Development Goals. The fund focuses on four key investment themes: Climate Action, Sustainable Living, Lifelong Learning, and Inclusive Growth. Since its launch in 2018, KKR Global Impact has invested in 18 companies.
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KKR completes acquisition of Simon & Schuster from Paramount Global in a $1.62 billion all-cash transaction. Simon & Schuster is now a standalone private company, led by Jonathan Karp. KKR plans to strengthen the company and maintain its editorial excellence and independence.
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KKR, a leading global investment firm, will commit $400 million in a tailored solution for OMS Group, a telecom infrastructure company and provider of subsea cable services. This investment marks KKR's latest digital infrastructure investment in Southeast Asia, highlighting its belief in the region's internet economy. OMS Group is a neutral provider of integrated solutions for subsea telecommunications cable services and is one of the largest independent operators in the sector. KKR's investment will help accelerate OMS Group's growth by expanding its fleet size and capabilities and investing in cable landing stations and subsea cable routes.
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Clinisupplies acquires Aquaflush TAI business from Renew Medical, expanding its offering to include bowel management products. The acquisition strengthens Clinisupplies' position as a leading UK-based chronic care company.
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KKR to invest in Precipart, a leading contract manufacturer of precision components for medical device and aerospace industries. KKR plans to support the company's growth organically and through M&A.
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KKR announces the final close of KKR Next Generation Technology Growth Fund III, a $3 billion fund focused on investing in growth technology companies.
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CIRCOR International completes acquisition by investment affiliates of KKR for $56.00 per share
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KKR & Co. Inc. plans to release its financial results for the third quarter 2023 on November 7, 2023.
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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.

KKR & Co. Inc.

NYSE:KKR

KKR Rankings

KKR Stock Data

143.51B
672.92M
24.01%
60.89%
1.29%
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