KKR & Co. Inc. reports developments across its global investment business, including alternative asset management, capital markets activity and insurance solutions. Company news commonly covers operating results, fund and strategy activity, portfolio investments, co-investment vehicles, debt financing, and capital-structure updates.
KKR sponsors investment funds in private equity, credit and real assets, works with strategic partners that manage hedge fund platforms, and operates insurance subsidiaries that offer retirement, life and reinsurance products through Global Atlantic Financial Group. Recent company updates also reflect activity in technology growth, sports, sustainable infrastructure and insurance-related platforms.
KKR announced a strategic partnership with Andrew Williams, former CEO of Halma plc, to pursue new acquisition opportunities in the Industrials sector and across UK businesses. Williams, who led Halma for 18 years and completed over 100 transactions, will serve as Executive Advisor to KKR.
During his tenure at Halma, Williams managed a global portfolio of approximately 50 manufacturing businesses focused on safety, health, and environmental markets. He established Halma's Sustainable Growth Model and fostered an inclusive culture that delivered consistent growth and shareholder returns.
KKR, which has been investing in the UK for 25 years, recently closed its European Fund VI at $8 billion. The partnership aims to implement KKR's broad-based employee ownership model, developed since 2011, in acquired businesses.
KKR and The Baupost Group have formed a joint venture to acquire 33 Marriott International hotels across the UK from ADIA. The portfolio includes 6,500 keys across premium Marriott and Delta by Marriott branded properties in key cities including London, Edinburgh, Glasgow, Leeds, and Liverpool. Amante Capital, KKR's European hospitality platform, will serve as managing partner, overseeing continued capital investment and operations. The properties feature amenities for business and leisure guests, including conference venues and recreational facilities. KKR has invested over $3.5 billion in UK real estate since 2016, making this acquisition through its European real estate strategy.
Weave Living and KKR have announced a strategic partnership called 'Weave Living Japan Residential Venture I' to invest in multi-family assets in Japan. The venture aims to build a portfolio of over 3,000 residential units, primarily in Tokyo with potential expansion to Osaka. The partnership has already been seeded with 11 brand-new residential properties in Tokyo, comprising 439 units operating at near-full occupancy. This collaboration extends their existing partnership in South Korea and represents KKR's continued investment in Japan's real estate sector through its Asia Real Estate Partners fund.
Global Atlantic Financial Group and the Bermuda Economic Development (BEDC) concluded their Second Annual Wave of Opportunity Pitch Competition, celebrating small business innovation in Bermuda. The event, hosted at Hamilton Princess Hotel on November 21st, featured eight finalists competing for $25,000 prizes. Winners included Nico Bean (Youth Category) for Flow by Nico, and three Main Category winners: Dr. Adriene Berkeley (PsyNeu), Jekon Edness & Kian Butterfield (Bermuda Sports Radar), and Ashleigh Simons (Sade Milan Skin). The People's Choice Award of $25,000 went to Keely Trott of NBK School of Nails. The event attracted over 100 in-person attendees and 100 livestream viewers, demonstrating strong community support for local entrepreneurship.
KKR, a leading global investment firm, has announced that Co-CEO Scott C. Nuttall will present at the Goldman Sachs 2024 US Financial Services Conference on Tuesday, December 10, 2024, at 8:00AM ET. The presentation will be accessible via live webcast on KKR's Investor Center website, with a replay available afterward. KKR specializes in alternative asset management, capital markets, and insurance solutions through its subsidiary Global Atlantic Financial Group. The firm manages investment funds focused on private equity, credit, real assets, and partners with hedge fund managers.
Lighthouse, a commercial intelligence platform for the travel & hospitality industry, has secured a $370 million Series C investment led by KKR. The funding will support product innovation, strategic acquisitions, and global expansion. Lighthouse serves over 70,000 hospitality properties globally, processing 400+ terabytes of travel data daily using AI to deliver real-time insights. The platform helps revenue managers and accommodation owners optimize bookings and operations. With 700+ employees worldwide and an NPS score of 70+, Lighthouse will leverage KKR's industry experience and global network to enhance its offerings and expand into new segments.
KKR has launched its second tender offer for FUJI SOFT (TSE: 9749) through FK Co., , running from November 20 to December 19, 2024. The offer prices are set at 9,451 yen per common share, and varying amounts for share options: 1,197,200 yen (5th Series), 1,059,800 yen (6th Series), and 293,200 yen (7th Series). FUJI SOFT's Board of Directors unanimously approved and recommended the tender offer to shareholders in two resolutions on November 15 and 19, 2024.
KKR announced plans to conduct a Second Tender Offer for FUJI SOFT at 9,451 yen per share, following its successful first tender offer where it acquired a 33.97% voting rights ratio. The FUJI SOFT Board unanimously supports KKR's offer and opposes Bain Capital's proposal. The new price represents a 125.8% premium over the 12-month average closing price prior to October 2, 2023. Shareholders who participated in the first tender offer will be made whole if KKR achieves a 53.22% stake across both offers. The second tender offer is expected to launch mid-next week.
Instructure Holdings has completed its acquisition by KKR and Dragoneer in an all-cash transaction valued at approximately $4.8 billion ($23.60 per share). Following the transaction, Instructure has been delisted from the NYSE. As a leading global provider of learning management and education-tech solutions, Instructure has impacted about 200 million learners across 100+ countries, partnering with over 1,000 organizations. The company aims to achieve $1B in revenue by 2028. The acquisition is expected to accelerate Instructure's global expansion and product innovation, particularly focusing on enhancing Canvas and the Instructure Learning Ecosystem.
Instructure Holdings has been acquired by KKR and Dragoneer in an all-cash transaction valued at approximately $4.8 billion ($23.60 per share). Following the acquisition, Instructure has been delisted from the NYSE. As a leading global provider of learning management and education-tech solutions, Instructure impacts approximately 200 million learners across 100+ countries, partnering with over 1,000 organizations. The company aims to achieve $1B in revenue by 2028. The acquisition is expected to accelerate Instructure's global expansion and product innovation, particularly focusing on enhancing Canvas and the Instructure Learning Ecosystem.