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.
KKR has signed a definitive agreement to acquire a majority interest in apexanalytix, a supplier risk management software provider. Carousel Capital, apex's largest shareholder, will retain a significant minority stake. apex serves over 250 Fortune 500 companies, managing $8 trillion in annual spend and recovering over $8 billion annually for its clients. The partnership aims to leverage KKR's resources to boost apex's growth and innovation. The transaction is expected to close in H2 2022, pending regulatory approvals, with financial terms undisclosed.
KKR & Co. Inc. (NYSE: KKR) announced that Ken B. Mehlman, Global Head of Public Affairs & Co-Head of KKR Global Impact, will present at the Morgan Stanley US Financials, Payments & CRE Conference on June 13, 2022, at 10:15 AM ET.
A live audio webcast will be available on KKR's Investor Center website, with a replay offered shortly after the event.
For inquiries, KKR's Investor Relations can be contacted via email.
KKR Income Opportunities Fund (NYSE: KIO) has released its Q1 2022 investor call, now accessible via its website. The call featured insights from key executives, including portfolio updates and market perspectives. The Fund’s objective is to deliver high current income and potential capital appreciation by investing primarily in secured loans and high-yield debt instruments. Investors are advised to review the Fund's objectives, risks, and expenses thoroughly before investing. For more information, visit www.kkrfunds.com/kio.
Bettcher Industries has announced a definitive agreement to acquire Frontmatec from Axcel, supported by additional capital from KKR. This acquisition aims to enhance Bettcher's food processing automation platform, expanding its presence in Europe. Frontmatec, headquartered in Denmark, specializes in automated solutions for pork and beef processing. Bettcher's CEO, Tim Swanson, emphasized the strategic fit of Frontmatec’s capabilities. The deal is expected to close in the second half of 2022, subject to regulatory approvals.
Semperis, a leader in identity-driven cyber resilience, has secured over
Global Atlantic Financial Group announced that Paula Nelson, Managing Director & Head of Growth Strategy, received the 2022 Industry Champion of Retirement Security award from the Insured Retirement Institute (IRI). This award recognizes individuals who enhance retirement security in the U.S. through advocacy and education. Nelson has over 35 years of experience and has been pivotal in the organization’s success in annuity distribution. Global Atlantic, a majority-owned subsidiary of KKR, is committed to providing secure retirement solutions.
KKR released the report Regime Change: Enhancing the ‘Traditional’ Portfolio, authored by Henry McVey and Racim Allouani. The report emphasizes a shift in investment approaches due to rising interest rates, inflation, and geopolitical risks. KKR advocates revising the traditional 60/40 portfolio model, suggesting a 40/30/30 composition to enhance returns and manage risk. The new model allocates 10% to private infrastructure, 10% to private real estate, and 10% to private credit. This strategy is proposed to offer better performance during inflationary periods while maintaining liquidity.
KKR & Co. Inc. (NYSE: KKR) announced that Co-CEO Scott C. Nuttall will present at the Alliance Bernstein 38th Annual Strategic Decisions Conference on June 1, 2022 at 11:00 AM ET. A live webcast will be accessible through KKR's Investor Center, with a replay available afterward. KKR is a global investment firm focused on alternative assets and capital markets, aiming for attractive returns and supporting portfolio growth.
KKR has announced a significant majority investment in Alchemer, a leader in Customer Experience (CX) and voice-of-the-customer technology. This investment aims to accelerate Alchemer's growth through enhanced marketing, product innovation, and strategic partnerships. Alchemer, serving over 13,000 global clients, including Fortune 500 companies, is expected to leverage KKR's expertise and resources to improve customer engagement. The financial details remain undisclosed, but the collaboration marks KKR's first investment under its new Ascendant strategy targeting middle-market businesses.
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