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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.

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Global investment firms KKR and H.I.G. Capital will acquire RBmedia, the leading audiobook publisher. RBmedia has doubled its catalog size and experienced five years of double-digit revenue growth. All RBmedia employees will receive a cash payout based on their tenure, with long-term employees earning up to two times their annual salary. The transaction is expected to close by Q4 2023.
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Global Atlantic Financial Group (GAFG) Releases '60/40: One Year Later' Podcast Series Addressing 2022 Portfolio Failure and 2023 Rebound
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Chase Corporation has entered into a definitive agreement to be acquired by an affiliate of KKR for approximately $1.3 billion. Shareholders will receive $127.50 per share in cash. The transaction is valued at approximately 13 times trailing-twelve-months EBITDA. The acquisition is expected to close in Q4 2023, subject to shareholder and regulatory approvals.
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KKR Income Opportunities Fund (NYSE: KIO) has announced its monthly distributions of $0.1215 per common share. The distributions represent an annualized distribution rate of 12.45%. The distribution schedule for August, September, and October has been provided. The Fund's current share price is $11.71 per share.
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KKR & Co. Inc. (NYSE: KKR) will release its financial results for Q2 2023 on August 7, 2023, before the opening of trading on the NYSE. A conference call to discuss the results will be held 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). The call will also be broadcast live on KKR's website and a replay will be available afterwards.
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Global Atlantic Financial Group (Global Atlantic) is recognized as one of the 'Best CEOs for Women 2023' by Comparably and 'Best Places to Work for People with Disabilities' by Disability Equality Index. Dan O’Shea, Chief Administrative Officer, highlighted the company's commitment to diversity, equity, and inclusion in the workplace. Allan Levine, Co-founder, Chairman, and CEO, ranked among the Top 100 CEOs of Large companies based on female employee sentiment ratings. Global Atlantic scored 90, earning the 'Best Places to Work for Disability Inclusion' recognition.
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Global Atlantic Financial Group's subsidiary, Forethought Life Insurance Company, has been named a Ward's 50® top life and health insurance company for the fourteenth consecutive year.
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FAQ

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

The current stock price of KKR & Co. (KKR) is $161.27 as of November 26, 2024.

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

The market cap of KKR & Co. (KKR) is approximately 142.1B.

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

142.12B
672.92M
24.01%
60.89%
1.29%
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