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.
Enbridge (TSX/NYSE: ENB) announced a definitive agreement with KKR (NYSE: KKR) to form a new joint venture, led by KKR and supported by Apollo-managed funds, to fund the Aspen Point and Sunrise Expansion Programs on Enbridge's Westcoast natural gas pipeline system in British Columbia. KKR and Apollo will invest approximately C$2.7 billion, including C$0.7 billion of cash to Enbridge at closing, in exchange for an indirect, cumulative 29% interest in the aggregate Westcoast system once the Sunrise expansion enters service. The expansions have regulatory approval and are backed by long-term take-or-pay contracts. Aspen Point is expected in 2026 and Sunrise in late 2028. Enbridge will retain majority ownership, operational control, and responsibility for executing the expansions, and holds an option to repurchase the investors’ interest between years seven and fourteen after closing. According to Enbridge, the transaction is not material to its 2026 financial guidance or medium-term outlook.
SK Telecom (NYSE: SKM) plans to spin off its wholly owned subsidiary SK Broadband into a surviving company (retaining the SK Broadband name) and a new AI data center and submarine cable operator, SK Horizon. In connection with the spin-off, SK Telecom entered a definitive agreement under which funds managed by KKR (NYSE: KKR) and the IMM Investment‑Stonebridge consortium will make a combined KRW 3.08 trillion equity investment in SK Horizon.
Based on book value, the spin-off ratio is 0.8351323 for the surviving SK Broadband and 0.1648677 for SK Horizon. SK Horizon is tasked with expanding AI data center infrastructure to 318 MW across eight existing and new Korean sites and scaling submarine cable capacity. Upon completion of all investment phases, SK Telecom will hold 51%, KKR 29%, and IMM 20% of SK Horizon. SK Hyper, another SK Telecom unit, targets 5 GW of AIDC capacity by 2029 and 15 GW by 2035.
Industrial Physics, a global packaging, material, and coating test and measurement group backed by KKR-affiliated funds, has acquired Vitrek from Branford Castle. Vitrek, which includes the Vitrek, MTI, and GaGe brands, supplies electronic test and precision measurement equipment to aerospace, defense, semiconductor, medical device, and other industrial customers.
According to Industrial Physics, the deal broadens its capabilities into mission-critical electrical safety, power analysis, vibration balancing, and high‑voltage and metrology testing. KKR plans to extend Industrial Physics’ broad-based employee ownership program to all Vitrek employees. The transaction closed upon signing; financial terms were not disclosed. Kirkland & Ellis advised Industrial Physics, while Stifel and Akerman advised Branford Castle and Vitrek.
KKR (NYSE: KKR) announced that Christopher A. Sheldon, Partner and Co-Head of Credit & Markets, will present at the Barclays Global Financial Services Conference on Tuesday, September 15, 2026 at 8:15 AM ET. A live webcast and replay will be accessible via KKR’s Investor Center.
KKR (NYSE: KKR) has signed definitive agreements for funds it manages to acquire Japanese beauty and lifestyle brand platform Ci FLAVORS from all existing shareholders, including founder Yusaku Horiuchi, L Catterton, eBeauty Group, and Yanagi Capital Partners. Horiuchi and Representative Director and CEO Yoshiaki Okura will reinvest alongside KKR.
Founded in 2011, Ci FLAVORS operates brands such as &honey, 8 THE THALASSO, unlabel, THERATIS, and MOROCCAN BEAUTY across haircare, skincare, body care, and lifestyle categories. The company combines brand sales, OEM manufacturing, D2C and e-commerce, department store retail, and global sourcing, and has grown its overseas sales in Asia and North America.
According to KKR, the deal is part of its flagship Asia Pacific private equity strategy and builds on its global consumer investments, including Wella Company, Fresha, Seiyu, V3 Group, and Vini Cosmetics. Financial terms were not disclosed.
KKR (NYSE:KKR) has signed definitive agreements for funds it manages to acquire a minority stake in Indian ticketing and live entertainment platform BookMyShow. The investment will support BookMyShow’s next growth phase, particularly scaling its BookMyShow Live division and strengthening its full-stack entertainment offerings across India.
KKR said the deal reflects its conviction in India’s entertainment sector and BookMyShow’s role in out-of-home and live experiences. The transaction, whose financial terms were not disclosed, is subject to customary regulatory approvals and will add BookMyShow to KKR’s global media and entertainment portfolio.
OPKO Health (NASDAQ: OPK) expanded its financing relationship with HealthCare Royalty (a business of KKR, HCRx) by issuing an additional $125 million of senior secured notes, backed by OPKO’s royalty interests from its mazdutide license with Eli Lilly. The notes mature in 2044, aligned with OPKO’s existing HCRx notes.
According to OPKO, the structure delivers additional non-dilutive capital while capping total payments at 1.5x the funded amount, after which OPKO retains future royalty economics. Mazdutide is commercialized in China by Innovent Biologics, and OPKO began recording related royalty revenue in 2025.
NVIDIA (NASDAQ: NVDA) announced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish independent AI compute financing platforms intended to mobilize over $500 billion of third-party capital over time for AI infrastructure buildout.
According to NVIDIA, memorandums of understanding with these six financial institutions aim to create dedicated capital pools at significant scale and attractive rates for NVIDIA customers, turning NVIDIA compute and full-stack AI infrastructure into an investable asset class and broadening access to AI factories across its ecosystem. These partnerships remain subject to execution of final agreements.
Crowe announced that funds managed by KKR (NYSE: KKR) have closed an equity investment in Crowe Advisory LLC, forming a strategic partnership to support Crowe’s growth. Crowe Advisory will provide tax, advisory and other non-attest services, while Crowe LLP remains a licensed CPA firm delivering attest services.
FS KKR Capital Corp. (NYSE: FSK) reported second quarter 2026 net investment income (NII) of $0.44 per share, up from $0.42 in Q1, and adjusted NII of $0.43 per share. Net asset value was $18.30 per share, down from $18.83, reflecting total net realized and unrealized losses of $0.56 per share and a net loss of $0.13 per share.
The board declared a third quarter 2026 common distribution of $0.44 per share, payable on or about October 2, 2026, and a convertible preferred dividend of $0.315972 per share. FSK executed a $150 million tender offer by a KKR subsidiary, issued $150 million of convertible preferred stock to a KKR subsidiary, and began a $300 million share repurchase program, buying about 3.7 million shares for $40 million through August 5, 2026 at prices below NAV. As of June 30, 2026, investments totaled $11.4 billion (63% senior secured), non-accruals were 3.8% of fair value, and the debt-to-equity ratio declined to 127% with $3.1 billion of available financing capacity.