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KKR KKR and Company Inc

149.86
-2.66 (-1.74%)
28 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
KKR and Company Inc NYSE:KKR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.66 -1.74% 149.86 151.77 148.81 150.62 1,571,365 01:00:00

KKR Announces Intra-Quarter Monetization Activity Update for the Fourth Quarter

17/12/2024 9:15pm

Business Wire


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KKR today announced a monetization activity update for the period from October 1, 2024 to December 17, 2024. Based on information available to us as of today, with respect to the period through December 17, 2024, KKR’s Asset Management segment has earned total realized performance income, including realized carried interest and realized incentive fees, and total realized investment income in excess of $725 million. Realized carried interest drove over half of our monetization activity quarter-to-date. The quarter-to-date monetization activity is driven by a combination of secondary sales and strategic transactions that have closed quarter-to-date, dividends and interest income, as well as incentive fees from Marshall Wace.

The estimate disclosed above is not intended to predict or represent total realized performance income, total realized investment income or total revenues for the full quarter ending December 31, 2024, because it does not include the results or impact of any other sources of income, including fee income, or expenses, and we may realize further gains or losses relating to total realized performance income and total realized investment income after the date of this press release. The estimate disclosed above is based on information available to us as of today with respect to the period from October 1, 2024 through December 17, 2024. This estimate is also not necessarily indicative of the results that may be expected for any other period, including the entire year ending December 31, 2024.

About KKR KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Forward-Looking Statements This press release may contain forward-looking statements, including estimated operating results from certain monetization activities. Words such as “expect,” “estimate,” “will,” “may” and “believe” or similar expressions may identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those included in these forward-looking statements, and investors should not place undue reliance on such statements. These forward-looking statements speak only as of the date of this press release, and we do not undertake any obligation to update or revise any of the forward-looking statements to reflect future events or circumstances, except as required by law.

Investor Relations: Craig Larson 1-877-610-4910 (U.S.) / 212-230-9410 investor-relations@kkr.com Media: Kristi Huller or Julia Kosygina 1-212-750-8300 media@kkr.com

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