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 launched India’s first renewable energy infrastructure investment trust, Virescent Renewable Energy Trust (VRET), raising INR4.6 billion (approximately US$62 million) from various investors led by AIMCo. VRET, with a dual ‘AAA’ credit rating, aims to acquire renewable assets, initially encompassing nine solar projects with a capacity of 395 MWp. Furthermore, VRET is in talks to acquire an additional 55 MWp from Focal Energy. This move aligns with India’s goal of achieving 60% renewable energy capacity by 2030.
KKR reports a monetization update for July 1 to September 23, 2021, revealing over
KKR has completed a significant investment in a joint venture with WS Development and PSP Investments for a new life science tower at 400 Summer Street in Boston's Seaport District. This 16-story building will be 635,000 square feet and serve as the headquarters for Foundation Medicine, which has fully leased the space. KKR's investment strategy focuses on high-quality life science properties, and this venture reinforces its presence in major U.S. biotech hubs, alongside a recent acquisition in San Francisco. The project underscores KKR's commitment to growth in the life sciences sector.
KKR Real Estate Select Trust Inc. (KREST) has acquired a 1.1 million square-foot Class A industrial warehouse in McDonough, Georgia, from PNK Group. The property features a 40-foot clear height and is fully leased to two high-quality tenants for an average lease term of 10 years. KREST aims to diversify its industrial portfolio and sees Atlanta as a strategic market, driven by e-commerce growth. This acquisition adds to KREST's holdings, which now total over 2.5 million square feet in high-growth areas. KKR's real estate assets under management amount to approximately $32 billion.
KKR has announced the acquisition of five self-storage properties across Atlanta, Phoenix, and Orlando for approximately $92 million. These properties, totaling around 3,884 units, were acquired in separate transactions from two different sellers. The strategic locations in high-growth metropolitan areas are expected to strengthen KKR's presence in the self-storage sector, which is experiencing strong demand. This investment aligns with KKR's commitment to expanding its self-storage portfolio, enhancing its real estate assets under management, which have grown to approximately $32 billion.
KKR has entered a joint venture with Cornerstone Companies to acquire and develop a diversified portfolio of healthcare properties across the U.S. The initiative is seeded with the recapitalization of 25 properties, totaling 713,705 square feet, valued over $1 billion. The properties are leased to reputable healthcare systems and practices, establishing a strong foundation for future acquisitions. This partnership aims to enhance investment solutions and capitalize on KKR's extensive experience in healthcare and real estate.
KKR has agreed to sell Riata Corporate Park for over $300 million to a global institutional investor. The transaction is expected to close soon. Riata is an 688,100 square foot Class A office campus located in the Austin Technology Corridor, fully leased by reputable tenants, including public companies. Since acquiring Riata in December 2019, KKR has invested in property improvements and maintenance. KKR has significantly grown its real estate assets under management, reaching approximately $32 billion as of June 30, 2021.
A-Street Ventures announced its first strategic investment in Teaching Strategies, a leader in early childhood education tools, as part of KKR's acquisition of the company. The minority stake aims to enhance educational outcomes through innovative instructional materials. Teaching Strategies connects over 15 million children with resources aligned to improve learning experiences. A-Street plans to focus on various investment stages, targeting innovative K-12 solutions that promote social mobility through education.
KKR has announced a $40 million investment in Jet Edge International, a leader in private aviation. This follows KKR's earlier financing of $150 million this year. The investment aims to support Jet Edge's member program and expand its fleet, enhancing its technology and infrastructure.
Jet Edge is experiencing significant growth, reporting 1,800% year-on-year increase in new member acquisitions and over $100 million in membership deposits in the past year, reflecting strong demand in the private aviation market.
KKR & Co. Inc. (NYSE: KKR) announced that Eric Mogelof, Partner and Global Head of KKR’s Client & Partner Group, will present at the Barclays Global Financial Services Conference on September 14, 2021, at 10:30 AM ET. A live webcast will be available on the Investor Center section of KKR’s website, with a replay accessible shortly after the event for those unable to attend live. KKR is a leading global investment firm focusing on alternative asset management, with a disciplined approach to generate attractive investment returns.
