Kkr & Co Inc Stock Price, News & Analysis

Global Atlantic Financial Group, a prominent financial services firm and majority-owned subsidiary of KKR, announced a significant asset-intensive flow reinsurance transaction with a leading insurance company in Singapore. This deal follows a previous $4.8 billion block reinsurance transaction with AXA Hong Kong in July 2021. Global Atlantic has now reinsured approximately $75 billion of assets since its founding in 2004. Co-President Manu Sareen highlighted the company’s client-centric approach and potential for future capital deployment in the Asia-Pacific region.

KKR has signed a definitive agreement to acquire a majority interest in apexanalytix, a supplier risk management software provider. Carousel Capital, apex's largest shareholder, will retain a significant minority stake. apex serves over 250 Fortune 500 companies, managing $8 trillion in annual spend and recovering over $8 billion annually for its clients. The partnership aims to leverage KKR's resources to boost apex's growth and innovation. The transaction is expected to close in H2 2022, pending regulatory approvals, with financial terms undisclosed.

KKR & Co. Inc. (NYSE: KKR) announced that Ken B. Mehlman, Global Head of Public Affairs & Co-Head of KKR Global Impact, will present at the Morgan Stanley US Financials, Payments & CRE Conference on June 13, 2022, at 10:15 AM ET.

A live audio webcast will be available on KKR's Investor Center website, with a replay offered shortly after the event.

For inquiries, KKR's Investor Relations can be contacted via email.

KKR Income Opportunities Fund (NYSE: KIO) has released its Q1 2022 investor call, now accessible via its website. The call featured insights from key executives, including portfolio updates and market perspectives. The Fund’s objective is to deliver high current income and potential capital appreciation by investing primarily in secured loans and high-yield debt instruments. Investors are advised to review the Fund's objectives, risks, and expenses thoroughly before investing. For more information, visit www.kkrfunds.com/kio.

Bettcher Industries has announced a definitive agreement to acquire Frontmatec from Axcel, supported by additional capital from KKR. This acquisition aims to enhance Bettcher's food processing automation platform, expanding its presence in Europe. Frontmatec, headquartered in Denmark, specializes in automated solutions for pork and beef processing. Bettcher's CEO, Tim Swanson, emphasized the strategic fit of Frontmatec’s capabilities. The deal is expected to close in the second half of 2022, subject to regulatory approvals.

Semperis, a leader in identity-driven cyber resilience, has secured over $200 million in Series C funding led by KKR. This funding aims to enhance hiring and accelerate research and development for its identity-focused incident response team. Recognized as the fastest-growing cybersecurity firm by Financial Times, Semperis addresses increasing cyber threats targeting identity systems like Microsoft Active Directory. The investment positions Semperis for growth amid rising identity-related cyberattacks.

Global Atlantic Financial Group announced that Paula Nelson, Managing Director & Head of Growth Strategy, received the 2022 Industry Champion of Retirement Security award from the Insured Retirement Institute (IRI). This award recognizes individuals who enhance retirement security in the U.S. through advocacy and education. Nelson has over 35 years of experience and has been pivotal in the organization’s success in annuity distribution. Global Atlantic, a majority-owned subsidiary of KKR, is committed to providing secure retirement solutions.

KKR released the report Regime Change: Enhancing the ‘Traditional’ Portfolio, authored by Henry McVey and Racim Allouani. The report emphasizes a shift in investment approaches due to rising interest rates, inflation, and geopolitical risks. KKR advocates revising the traditional 60/40 portfolio model, suggesting a 40/30/30 composition to enhance returns and manage risk. The new model allocates 10% to private infrastructure, 10% to private real estate, and 10% to private credit. This strategy is proposed to offer better performance during inflationary periods while maintaining liquidity.