Hints and tips:
...Investors in KKR’s fund were “evenly split across Asia, the Middle East, Europe and North America”, Luboff said....
...Nat Zilkha, the executive who helped lead KKR’s recent music push, left the company at the end of 2021. He has stayed on as an adviser. KKR declined to comment....
...The KKR-owned Upfield food business, bought from Unilever for €6.8bn in 2018, has developed the tubs made from paper fibre to hold butter alternatives and other spreads without a plastic coating or plastic...
...KKR declined to comment....
...Earnings from KKR’s directly owned investments are targeted to rise from $15mn in 2023 to $300mn in 2026, and above $1bn by 2030, according to KKR....
...Shell’s former chief executive has joined private equity group KKR as a senior adviser for energy transition investments in his first corporate role since stepping down from the oil and gas major....
...The fate of the heavily indebted former state monopoly rests on the sale of its landline network to private equity group KKR for up to €22bn....
...At its investor day this week, KKR laid out a goal to join Blackstone Group in surpassing $1tn in assets within the next five years. KKR has $553bn in assets....
...KKR has quietly got out of the music business....
...KKR has chosen to start off by shifting slices of existing deals, that were warehoused on its balance sheet, into K-Prime....
...“AS is controlled by KKR . . . How can KKR be the ultimate controlling shareholder of a totally unethical and sleazy media company?,” Ackman moaned....
...No wonder a survey from KKR this week also showed that 28 per cent of family offices plan to invest more in private equity. For private credit, the figure is 45 per cent....
...Apollo, Brookfield, Carlyle, KKR and JPMorgan all declined to comment....
...KKR and CPPIB declined to comment....
...KKR shares ended the day 5 per cent higher while Carlyle shares closed up 1.6 per cent....
...The combined changes are expected to boost KKR’s overall earnings....
...KKR and Veritas declined to comment....
...It culminated last week with the sale of a $5bn loan that backed KKR’s purchase of a stake in a healthcare technology company known as Cotiviti....
...Brookfield, one of the largest private capital groups, closed a record-sized infrastructure fund in 2023, while rivals such as KKR, Blackstone, Stonepeak and I Squared Capital have telegraphed rising ambitions...
...Fresenius has sold its fertility business Eugin Group to KKR and GED Capital, marking the latest bid by private equity groups to capitalise on the growing demand for services to people struggling to have...
...He has since become the main sponsor of KKR’s plan to split and turn round the business....
...PE giants Blackstone and KKR are also in the process of raising new flagship funds....
...He pointed to synergies KKR could garner with full ownership, such as selling private equity funds it had designed for wealthy individuals to Global Atlantic’s existing clients....
...Carlyle also set out plans to appease shareholders by changing the way it pays dealmakers, mirroring steps taken by Apollo, Blackstone and KKR....
...Hipgnosis and KKR have also raised debt in securitised markets for their music catalogues....
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