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 (KKR) is a leading global alternative asset manager with a 45+ year track record in private equity, credit, and infrastructure investments. This page provides investors and financial professionals with timely access to official press releases, earnings reports, and strategic updates directly from KKR.
Key resources include: Quarterly earnings announcements, merger & acquisition disclosures, leadership updates, and partnership developments. Our curated feed ensures you stay informed about KKR's global initiatives across private markets, real estate, and insurance solutions through Global Atlantic Financial Group.
Bookmark this page for verified updates on KKR's investment activities, ESG commitments, and capital allocation strategies. All content is sourced from official company communications to ensure accuracy and compliance with financial disclosure standards.
KKR has entered into a definitive agreement to acquire the majority interest in Boasso Global, a provider of depot and logistics services for the ISO tank container industry, from Apax Partners LLP. The investment will be made through KKR's infrastructure fund focusing on North America and Europe. Boasso, headquartered in Tampa, operates 34 depots and has achieved significant growth under Apax's ownership. The financial terms were not disclosed, and the transaction is subject to regulatory approvals.
On October 5, 2022, NetSPI announced a $410 million investment from KKR, enhancing its growth and innovation in offensive cybersecurity. This funding, following a successful previous investment in May 2021, aims to support technology development, talent acquisition, and global expansion. NetSPI has demonstrated remarkable growth, achieving 61% revenue growth in 2022 and five-fold revenue increase over five years. Key initiatives include the introduction of Penetration Testing as a Service (PTaaS) and ongoing global expansion, positioning NetSPI as a leader in cybersecurity solutions.
KKR has released a new report titled “The Times They Are A-Changin,” by CIO Henry McVey, analyzing asset allocation strategies among endowment and foundation CIOs amid a changing macroeconomic environment. The report indicates that due to substantial asset growth, there is a pressing need for enhanced investment infrastructure and diversification. CIOs aim to boost illiquid investments to 55% of total assets, acknowledging the impact of ESG considerations and the importance of adapting to high inflation and low growth. Key sectors of focus include Real Assets, Private Credit, and technology-oriented investments.
KKR provided a monetization activity update for the period from
KKR and Hero Future Energies (HFE) have signed agreements for a $450 million investment aimed at expanding HFE's renewable energy capabilities in India. This funding will enhance HFE’s growth across technologies like solar, wind, and green hydrogen, contributing to India's goal of achieving net-zero emissions by 2070. HFE manages a diversified portfolio of 1.6 GW in renewable projects and aims to generate half of India's power from non-fossil sources by 2030. KKR's investment builds on its extensive experience in the renewable sector, having invested over $15 billion globally since 2011.
Securitize has launched a fund that tokenizes KKR’s Health Care Strategic Growth Fund II on the Avalanche blockchain, enhancing access to alternative investments for individual investors. This is the first time KKR’s private market strategies are available digitally in the U.S. The fund lowers investment minimums and promises improved investor onboarding and liquidity. KKR’s collaboration with Securitize signifies a progressive shift towards digital financial products, addressing challenges in private market investing. The fund complies with SEC regulations and focuses on innovative health care companies in North America and Europe.
KKR Income Opportunities Fund (NYSE: KIO) has made its Q2 2022 investor call available online, featuring insights from Tom Hobby and Richard Schoenfeld on market conditions and portfolio updates. The Fund aims for high current income and capital appreciation through diversified investments in secured and unsecured loans, as well as high-yield corporate debt. Investors are advised to review the Fund's objectives, risks, and expenses before investing. The Fund’s performance may fluctuate, and certain risks, including leverage, could affect returns.
KKR has successfully acquired 101 at Van Buren, a newly built industrial park in Phoenix, for approximately $90 million. This acquisition expands KKR's industrial real estate portfolio in the Phoenix market to nearly 3 million square feet. The park features two Class A buildings with over 600,000 square feet designed for multi-tenant use and boasts state-of-the-art facilities. The investment aligns with KKR's strategy of enhancing its logistics assets, having committed around $7 billion to this sector since 2018.
KKR has launched the Highways Infrastructure Trust (HIT), its third infrastructure investment trust in India, focusing on roads. This new initiative strengthens KKR's presence in the transportation, renewable energy, and power sectors. HIT's initial portfolio includes six road assets spanning over 450 kilometers across six states, valued collectively at over
Digital Diagnostics has successfully closed a $75 million Series B funding round led by KKR, bringing its total investment raised to over $130 million. The funding will accelerate product development, distribution, and sales. KKR, along with new and existing investors, will enhance the company’s governance with board appointments. The company aims to democratize healthcare through its AI diagnostic platform, IDx-DR, which is designed to detect diabetic retinopathy at the point-of-care.
