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 made a significant structured investment in Arevia Power, a U.S. renewable energy developer, with backing from GCM Grosvenor. This investment aims to accelerate the development of new solar and wind projects across the U.S. Arevia, founded in 2015, is advancing a multi-gigawatt renewable portfolio and implements a Responsible Contractor Policy to promote a skilled workforce. KKR has allocated over
Optiv has secured a significant enterprise contract under Shared Services Canada's cybersecurity procurement vehicle for its network device authentication (NDA) solution. This innovative solution is designed to improve the management of device certificates across federal government IT infrastructures. With an expected 1.5 million devices connected to Canada's infrastructure within four years, the NDA project aims to automate device management, thus mitigating operational and security risks. Optiv is collaborating with Venafi and Crypto4A to enhance network security and ensure a robust machine identity management strategy.
The merger between Level Access and eSSENTIAL Accessibility creates a leading platform for digital accessibility management. This strategic alliance aims to accelerate the adoption of digital accessibility solutions, addressing the needs of over one billion people globally. The combined company's efforts align with increasing legal requirements for digital accessibility, particularly in the U.S. KKR, the lead investor, emphasizes strong growth prospects in this sector. Tim Springer will serve as CEO, with Mark Steele as President, focusing on delivering comprehensive solutions for organizations.
Global Atlantic Financial Group announced a reinsuring agreement with Equitable Financial Life Insurance Company, involving the transfer of approximately $3 billion in assets. This deal focuses on a subset of Equitable's group retirement annuities, which collectively hold $10 billion in value. The transaction is expected to conclude in the fourth quarter, pending regulatory approvals. This is Global Atlantic's second reinsurance deal in 2022, furthering its position in the reinsurance market with approximately $80 billion of assets reinsured since 2004.
KKR has completed the acquisition of Barracuda Networks, a provider of cloud-first cybersecurity solutions, from Thoma Bravo. Although financial terms were not disclosed, this acquisition aims to support Barracuda's growth and enhance its cybersecurity offerings targeted at small and medium enterprises. KKR expresses excitement about collaborating with Barracuda to address evolving cybersecurity challenges. The acquisition underscores Barracuda's strong performance and the strategic support provided by Thoma Bravo over the past four years.
KKR has successfully acquired two industrial properties in the Atlanta and Dallas-Fort Worth metropolitan areas for approximately $300 million. The Atlanta property includes four Class A warehouses totaling 1.1 million square feet, while the Dallas acquisition consists of two Class A warehouses built in 2017, totaling 1.0 million square feet. Both properties are fully leased to high-quality tenants. KKR's strategy reinforces its commitment to quality industrial real estate, with $7 billion committed to logistics assets since 2018, underlining its growth in key U.S. markets.
KKR, a global investment firm, has sold a portfolio of 13 distribution properties in Chicago, comprising approximately 1.7 million square feet of warehouse space. The assets feature average clear heights of 24 feet and are strategically located in the Chicago metropolitan area. KKR acquired these properties in December 2020 and has invested over $7 billion in U.S. logistics assets since 2018. The transaction reflects KKR's strong demand for last-mile logistics real estate, positioning the firm as a significant player in the industrial real estate market.
KKR and Loop Capital have announced a strategic alliance enabling Loop Capital to independently provide investment banking and equity research services to KKR’s equity capital markets clients. This partnership enhances KKR's capabilities in underwriter services for IPOs and broadens their distribution via Loop Capital’s institutional investors. KKR has collaborated with Loop Capital on ECM transactions since 2011, and Loop Capital has participated in 15 KKR capital markets transactions. The alliance aims to strengthen KKR's capital markets business while expanding access to client resources.
KKR announced the sale of Minnesota Rubber and Plastics (MRP) to Trelleborg Group for approximately US$950 million. Since KKR's acquisition in November 2018, MRP has enhanced its operations through significant investments, including a new innovation center and improved manufacturing processes. KKR's employee ownership model allowed MRP's over 1,450 employees to share in the company's success, receiving cash payouts upon closure of the deal. The transaction is expected to close by year-end 2022, contingent on regulatory approvals.
KKR & Co. Inc. released its second quarter 2022 results, now available on its Investor Center website. The company will hold a conference call on August 2, 2022, at 10:00 a.m. ET to discuss these financial outcomes, accessible via phone and live stream. KKR operates as a leading global investment firm, focusing on alternative asset management, capital markets, and insurance solutions. It aims for attractive returns through a disciplined investment approach and supports growth in its portfolio companies.
