KKR & Co., Inc. engages in the provision of investment and private equity asset management services. It manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit, and hedge funds. It operates through the Asset Management segment and Insurance segment. The Asset Management segment includes investment management and other services to funds, vehicles, collateral loan obligations, managed accounts and portfolio companies, and transaction-specific income from capital markets transactions. The Insurance segment offers retirement and life insurance services which provide a suite of protection, legacy and savings products to customers and reinsurance solutions to clients across individual and institutional markets. The company was founded by Henry R. Kravis and George R. Roberts in 1976 and is headquartered in New York, NY.

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KKR reports solid Q4 earnings, eyes growth in core sectors

KKR reported solid financial performance in Q4 2022, with strong fee-related and distributable earnings per share, and successful monetizations. The company showcased growth in management fees and assets under management, while emphasizing long-term growth and confidence in future prospects.
Despite challenges in varying investment performance and valuation methodologies, KKR demonstrated strengths in capital raising, strategic focus on core private equity, and plans for substantial growth. Opportunities lie in increased deployment in key sectors, leveraging global presence for expansion, and focusing on growth drivers in global private wealth.
Analysts raised questions about Global Atlantic's performance and KKR's capital allocation strategies, highlighting areas for improvement and monitoring. However, the company's focus on scaling existing strategies, profitability measures, and diversified deployment present promising opportunities for future growth and value creation.

KKR reports robust Q1 earnings, eyes growth in alternative investments

KKR's Q1 2023 earnings call highlighted strong financial performance, strategic priorities, and a focus on value opportunities. The firm showcased growth in management fees, diversified investment portfolio strength, and successful capital market transactions. Challenges include market volatility and real estate portfolio decline, with opportunities seen in alternative investments and scaling through insurance relationships.

KKR reports robust Q2 earnings, eyes global expansion opportunities

KKR's Q2 2023 performance reflects strong fee-related earnings and consistent growth in key portfolios. The firm's ability to raise significant capital, introduce equity ownership programs, and execute share buybacks demonstrates strategic strength. However, challenges exist in the real estate portfolio performance and market conditions impacting deployment and monetization. Despite this, KKR has opportunities for global expansion and revenue generation, supported by an increased deal pipeline and activity.

KKR reports robust Q3 earnings, eyes growth in strategic investments

KKR's Q3 2023 performance showcased strong earnings and fee-related metrics, with a focus on growth areas and strategic investments.
The company demonstrated resilience in fundraising, deployment, and monetization activities, aiming for margin expansion and mid-60% FRE margin.
Global Atlantic's performance and growth outlook remain positive, with opportunities in organic growth and market dynamics.
KKR's strategic focus on health care, private equity, and real estate presents avenues for future expansion and revenue generation.
The company's confidence in achieving growth targets and performance fee contributions reflects a proactive approach to market opportunities.

KKR reports robust Q4 earnings, eyes growth in diverse segments

KKR's Q4 2023 performance reflects strong financial results, with fee-related earnings per share up 21% from the previous quarter.
The company's strategic strengths lie in successful fundraising, diversified growth segments, and a positive outlook for PE fundraising.
Challenges include maintaining sustainable margins, addressing analyst queries, and managing operational expansions.
Opportunities in capital markets, structured finance, and insurance expansion position KKR for future growth and strategic initiatives.

KKR reports strong Q1 earnings, eyes growth in ABF and monetization

KKR's Q1 2024 performance was robust, driven by fee-related earnings growth and strong revenue streams from management fees and performance income.
While facing challenges in the Capital Markets business and managing insurance costs, KKR has opportunities in expanding ABF platform and monetization pipelines.
The company's focus on core private equity, infrastructure, and credit deployment aligns with medium-term guidance, positioning KKR for sustained growth and value creation.

KKR achieves record earnings, eyes growth through strategic partnerships

KKR delivered exceptional financial performance in Q2 2024, marked by record fee-related earnings and robust capital deployment, positioning the company for sustained growth.
The company's strategic initiatives, including entering the S&P 500 index and partnering with Capital Group, underscore its commitment to innovation and expanding market opportunities.
While facing challenges in a dynamic market environment, KKR's strong performance, diverse revenue streams, and strategic partnerships present opportunities for continued growth and value creation.

KKR reports record-breaking Q3 performance and eyes market opportunities

KKR's Q3 2024 showcased exceptional financial performance across various segments, setting new records and milestones.
The company's diverse portfolio and strong market presence position it well to capitalize on growth opportunities.
While challenges exist in sustaining current growth rates, KKR's strategic positioning and performance bode well for future success.
Overall, KKR's strong performance, coupled with market opportunities, indicates a promising outlook for continued growth and success.

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KKR & Co., Inc. operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm's business segments include Asset Management and Insurance Business. The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities. The Insurance Business segment offers retirement, life insurance and reinsurance solutions to clients across individual and institutional markets. The company was founded by Henry Kravis, George R. Roberts, and Jerome Kholberg on May 1, 1976 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs 2024 US Financial Services Conference on Tuesday, December 10, 2024 at 8:00AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR's website at https://ir.kkr.com/events-presentations/. For those unable to listen to the live webcast, a replay will be available on the website shortly after the even.

KKR to Present at the Goldman Sachs 2024 US Financial Services Conference

LONDON--(BUSINESS WIRE)--Lighthouse, the leading commercial intelligence platform for the travel & hospitality industry, today announced an approximately $370 million growth investment led by global investment firm, KKR. This investment accelerates Lighthouse's mission to reimagine commercial strategy for the $15 billion travel & hospitality technology market. Proceeds from the investment will be used to drive continued product innovation across Lighthouse's platform, strategic acquisit.

Lighthouse Announces $370 Million Series C Investment Led by KKR to Accelerate Platform Innovation and Growth

TOKYO--(BUSINESS WIRE)--KKR Commences Second Tender Offer for FUJI SOFT.

KKR Commences Second Tender Offer for FUJI SOFT

TOKYO--(BUSINESS WIRE)--KKR Receives Support and Recommendation from FUJI SOFT for Second Tender Offer and Expects to Launch Tender Offer Next Week.

KKR Receives Support and Recommendation from FUJI SOFT for Second Tender Offer and Expects to Launch Tender Offer Next Week

Private equity firm KKR has raised its tender offer price for the acquisition of Japanese software developer Fuji Soft to 9,451 yen ($60.86) a share from 8,800 yen previously, the Japanese company said on Friday.

KKR raises tender offer price for Fuji Soft acquisition

Investment to support newly private company's plans for product innovation and worldwide growth SALT LAKE CITY , Nov. 13, 2024 /PRNewswire/ -- Instructure Holdings, Inc. ("Instructure"), a leading learning ecosystem, today announced the close of its acquisition by investment funds managed by KKR, a leading global investment firm, and Dragoneer, a growth-oriented investor, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion. With the completion of the transaction, Instructure's common stock has ceased trading and the company is no longer listed on the New York Stock Exchange.

KKR and Dragoneer Complete Acquisition of Instructure

KKR's stock has more than doubled in the past year due to strong inflows and cash flow, but it's time to take profits. The company reported strong financials with a 50% increase in adjusted net income and significant growth in AUM and management fees. Despite robust performance, the stock's recent rally may reflect overly optimistic expectations, leaving a minimal margin of safety and justifying a sell rating.

KKR: Great Business At An Unattractive Valuation (Downgrade)

Private equity firm KKR has become the largest shareholder in Japanese software developer Fuji Soft after completing the first stage of a two-part tender offer, KKR said in a statement on Thursday.

KKR becomes largest shareholder in Fuji Soft after successful tender offer

TOKYO--(BUSINESS WIRE)--KKR Acquires Over a Third of FUJI SOFT With Completion of First Stage of Tender Offer.

KKR Acquires Over a Third of FUJI SOFT With Completion of First Stage of Tender Offer

FS KKR Capital Corp

PHILADELPHIA and NEW YORK , Nov. 6, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced its financial and operating results for the quarter ended September 30, 2024, and that its board of directors previously, on October 8, 2024, declared a fourth quarter 2024 distribution of $0.70 per share. Financial and Operating Highlights for the Quarter Ended September 30, 2024 (1) Net investment income of $0.77 per share, compared to $0.77 per share for the quarter ended June 30, 2024 Adjusted net investment income(2) of $0.74 per share, compared to $0.75 per share for the quarter ended June 30, 2024 Net asset value of $23.82 per share, compared to $23.95 per share as of June 30, 2024 Total net realized and unrealized loss of $0.20 per share, compared to a total net realized and unrealized loss of $0.39 per share for the quarter ended June 30, 2024 Adjusted net realized and unrealized loss(2) of $0.17 per share, compared to adjusted net realized and unrealized loss of $0.37 per share for the quarter ended June 30, 2024 Earnings per Share of $0.57, compared to Earnings per Share of $0.37 for the quarter ended June 30, 2024 Total purchases of $1,136 million versus $1,321 million of sales and repayments, including $370 million of sales to the Company's joint venture Credit Opportunities Partners JV, LLC Net debt to equity ratio(3) as of September 30, 2024 was 109%, compared to 109% as of June 30, 2024 Paid cash distributions to stockholders totaling $0.70 per share(4) "During the third quarter FSK outperformed its public guidance by earning $0.74 per share of Adjusted Net Investment Income.

FS KKR Capital Corp. Announces Third Quarter 2024 Results

Integral Ad Science Holding LLC

KKR is in talks to acquire adtech firm Integral Ad Science, sources told Business Insider. IAS appointed investment bank Jefferies to explore options after receiving takeover interest.

Private equity giant KKR is in talks to acquire the adtech company Integral Ad Science

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High-yield dividend stocks can powerfully boost passive income. However, they come with significant risks, especially when yields exceed 10%, indicating potential payout cuts or limited growth. I discuss one underappreciated 14%-yielder that is an attractive buy and another popular one that is a sell in the current environment.

14% Dividend Yields: 1 To Buy And 1 To Sell

Private equity firm KKR has secured more than one-third of the shares in Japanese software developer Fuji Soft after the first part of its two-stage buyout tender offer, a person familiar with the matter said on Wednesday.

KKR secures over one-third of Fuji Soft after first stage of tender offer, says source

HAMILTON, Bermuda--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading insurance provider meeting the retirement and life insurance needs of individuals and institutions, today announced that it has awarded a $75,000 grant to BioQuest, a philanthropic NGO focused on biodiversity conservation using genomics. This funding is part of a three-year relationship that will be instrumental in advancing BioQuest's biodiversity research program, with a particular focus on Berm.

Global Atlantic Re Foundation Awards $75,000 Grant to BioQuest in Support of Bermuda Biodiversity Research

NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)--eRESI Capital, LLC (“eRESI” or the “Company”), an innovative mortgage funding platform that offers comprehensive private capital solutions to the residential mortgage market, today announced that it has secured a new investment from insurance accounts managed by KKR, a leading global investment firm. These insurance accounts initially invested in eRESI in 2021. The additional capital is expected to help the Company continue to reach new origination m.

eRESI Secures Additional Investment from KKR

LONDON--(BUSINESS WIRE)--Global investment firm KKR announced today the engagement of Georgia Rankin as Executive Advisor to the firm. Ms. Rankin will work closely with KKR's European Private Equity team to bring innovation and best-in-class executive talent management to the firm's portfolio companies and future prospective investments. She will focus on building long-term relationships with top CEOs and senior executives, helping to strengthen KKR's capabilities as a trusted strategic partner.

KKR Appoints Georgia Rankin as Executive Advisor

U.S. investment group KKR is in talks with troubled British utility Thames Water and its advisers about participating in a 3 billion pounds ($3.88 billion) share sale which forms part of a wider recapitalisation plan, Sky News reported on Saturday.

KKR exploring investment in Thames Water share plan, Sky News reports

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There's a huge market disconnect going on in one of the hottest sectors right now. We discuss why one stock in that sector has massively lagged behind the other high fliers. We also discuss why we think this presents investors with a rare buying opportunity.

A Rare Buying Opportunity: Big Market Disconnect In Alternative Asset Managers

NEW YORK & SUMMIT, N.J.--(BUSINESS WIRE)--KKR, a leading global investment firm, and Energy Capital Partners (“ECP”), the largest private owner of power generation and renewables in the U.S., today announced a $50 billion strategic partnership. The collaboration aims to accelerate the development of data center and power generation and transmission infrastructure for the rapid expansion of artificial intelligence (AI) and cloud computing globally. This strategic partnership combines KKR's deep.

KKR and Energy Capital Partners Announce $50 Billion Strategic Partnership to Support AI Growth Through Investments in Data Centers and Power Generation

Leading global investment firms file for two public-private fixed income interval funds to launch in the U.S. in the first half of 2025, pending regulatory approval New category of public-private solutions to expand over time across multiple asset classes and geographies LOS ANGELES , Oct. 29, 2024 /PRNewswire/ -- Leading global investment firms Capital Group and KKR today filed registration statements with the SEC for two public-private fixed income funds, Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+, both of which are expected to launch in the U.S. in the first half of 2025, pending regulatory approval. Today's filings follow the initial announcement of the firms' exclusive strategic partnership to create a new category of hybrid public-private investment solutions that will provide new ways for investors to incorporate private markets into their portfolios.

Capital Group and KKR Advance Public-Private Investment Solutions for Individual Investors

New leadership and reorganization will foster the next chapter of growth and enhance business operations to best support evolving client and CRO partner needs on a global scale. MALVERN, Pa.

Resolian Appoints Rob Stachlewitz as CEO, Honggang Bi as Chairman of the Board, and Pat Bennett as Chief Business Officer and President of Scientific Affairs

KKR reported better-than-expected Q3 earnings, driving the stock to all-time highs, with EPS growing 27% sequentially and 57% annually. Fee-related earnings surged 79.5% YoY, significantly outpacing Blackstone, which only grew at FRE 4.5%. Despite impressive growth and an optimistic outlook, KKR's valuation remains high at 30.6x price-to-segment revenue, making the stock overvalued.

KKR Q3: Strong Growth Prospects, High Valuation, Still A Hold

KKR & Co. Inc. (NYSE:KKR ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Craig Larson - Partner and Head of IR Scott Nuttall - Co-Chief Executive Officer Rob Lewin - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Glenn Schorr - Evercore ISI Alexander Blostein - Goldman Sachs Bill Katz - TD Cowen Brian McKenna - Citizens JMP Steven Chubak - Wolfe Research Patrick Davitt - Autonomous Research Michael Brown - Wells Fargo Brian Bedell - Deutsche Bank Michael Cyprys - Morgan Stanley Kyle Voigt - KBW Benjamin Budish - Barclays Daniel Fannon - Jefferies Operator Ladies and gentlemen, thank you for standing by. Welcome to KKR's Third Quarter 2024 Earnings Conference Call.

KKR & Co. Inc. (KKR) Q3 2024 Earnings Call Transcript

KKR's third-quarter 2024 results reflect growth in AUM and record transaction fees for the capital markets business. Increased expenses act as headwinds.

KKR Q3 Earnings Beat on Record Y/Y Fee-Related Earnings Growth

Although the revenue and EPS for KKR & Co. (KKR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

News for KKR Stock (KKR)