KKR

The private equity industry's biggest names are showing signs of strain as slowing deal exits, mounting pressure in private credit, and investor unease begin to chip away at one of Wall Street's most lucrative runs. Executives at Blackstone (NYSE:BX), Apollo Global Management (NYSE:APO), The...

KKR & Co. (NYSE:KKR) is committing $300 million of its own capital to a private credit fund it co-manages with Future Standard, as the strategy faces pressure from rising loan defaults that contributed to a $560 million loss in the first quarter.  KKR Alternative Assets will buy up to $150...

KKR & Co. (NYSE:KKR) leadership used the company's first-quarter earnings call to emphasize confidence in its long-term strategy despite recent market volatility.  Co-CEO Scott Nuttall pointed to recent share price swings as a strategic opportunity, noting that the firm has been able to...

KKR & Co. (NYSE:KKR) has become the latest private equity firm to place a limit on withdrawals in its private credit fund, mirroring others who have done so recently as the private credit market experiences a rough patch. The firm capped withdrawals in its asset-based finance fund K-ABF at 5%...

The private markets landscape has been a rather difficult one this year, with heightened market volatility, ongoing geopolitical tensions, evolving monetary policy, and the acceleration of AI-driven disruption all causing tension.  Despite this, "today's uncertainty is creating opportunities...

Recovery rates will define the next private credit cycle, not defaults. That’s according to KKR & Co‘s (NYSE:KKR) Flash Macro Update Report, published on April 6. "We've heard lots of comments that defaults have only recently spiked. Our team has a slightly different view," the...

KKR (NYSE:KKR) has announced the closure of its KKR North America Fund XIV, known as NAX4.  This fund, dedicated exclusively to private equity investments in North America, has raised approximately $23 billion — making it the largest private equity fund focused solely on the region, KKR stated in a...

Apollo Global Management is in advanced talks to acquire private jet fixed-base operator Atlantic Aviation from KKR & Co. in a move that is expected to value the company at approximately $10 billion. The buyout may be made public in the coming days, although the process is ongoing and KKR could...

Private equity giants KKR, CD&R and PAI Partners are pushing forward on a bid for a 50% equity stake in Nestlé's water and premium beverages division. The division, which comprises brands like Perrier and S.Pellegrino, is valued at approximately $5.75 billion. Blackstone, Bain Capital and...

KKR & Co Inc (NYSE:KKR) is acquiring Nothing Bundt Cakes from private equity firm Roark Capital for more than $2 billion.  The company added 390 locations since Roark acquired the chain in 2021. The private equity firm has been looking for a buyer for the U.S. bakery chain since last year,...

Capital Group has introduced its first public‑private equity strategy, expanding its suite of hybrid investment products with the launch of Capital Group KKR U.S. Equity+, a portfolio blending public equities with private‑market exposure. The new plan invests in and alongside KKR’s funds,...

New On The Block Abry Partners hired JPMorgan Chase to find a buyer for physician social network Sermo, Axios reports. Bids are expected to be between $600 million and $800 million. Boston-based Abry first invested in Sermo in 2019. Verint Systems Inc. (NASDAQ:VRNT), a provider of call center...

Pacific Gas & Electric Co. (NYSE:PCG) is reportedly nearing a deal to sell a stake in its fleet of power plants to KKR & Co. Inc. (NYSE:KKR) in an effort to raise funds needed to upgrade infrastructure and reduce the risk of fire resulting from its power lines. The Details: According to a...

Global investors are turning their attention to Asia, lured by the region’s soaring computing and data storage needs, driven primarily by the surge in artificial intelligence (AI) and cloud services. Private equity firms KKR & Co Inc (NYSE:KKR) and Bain Capital ...

American Campus Communities Inc. (NYSE: ACC), a publicly traded REIT that focuses on student housing, has recently been purchased by Blackrock, who wants to make it private. With current market conditions, some real estate investment trusts (REITs) have seen losses and are undervalued. For example...