Kkr & Co Inc Stock Price, News & Analysis

KKR has launched Aster Renewable Energy, a platform focused on developing solar, wind, and energy storage projects in Taiwan and Vietnam. Aster will be headed by Chen Wei, a veteran in the renewables sector, with the aim to expand into other Asian markets. KKR's global investment in renewable assets has reached approximately US$4.0 billion, with a generation capacity of 14.2 GW as of December 31, 2021. This initiative underscores KKR's commitment to advancing renewable energy in Asia.

KKR Income Opportunities Fund (NYSE: KIO) announced monthly distributions of $0.105 per common share for May, June, and July 2022, reflecting annualized distribution rates of 6.30% and 9.09% based on the IPO share price and current share price of $13.86 as of April 25, 2022. The ex-dates for the distributions are May 12, June 9, and July 14, 2022. Shareholders should note that distributions may include sources other than net investment income. The fund aims for high current income through various secured and unsecured loans, although risks remain due to market fluctuations.

KKR has announced the final closing of its North America Fund XIII (NAX3), raising an impressive $19 billion for private equity investments in North America. KKR will invest $2 billion from its balance sheet alongside investor commitments. This fund marks KKR's largest to date, building upon a successful track record with prior funds delivering average gross IRRs of 30.1% and 50.1% for its last fund. NAX3 reflects strong investor confidence, targeting a shared ownership program to enhance employee engagement.

KKR and Ontario Teachers’ Pension Plan Board announced a partnership, with Ontario Teachers’ set to invest up to US$175 million in KKR's road platform in India. The initiative includes Highway Concessions One and consists of 12 road assets spanning over 910 kilometers across 11 states. Ontario Teachers’ marks its third infrastructure investment in India, reinforcing its commitment to enhancing Indian infrastructure. The transaction is expected to close in Q3 2022, subject to regulatory approvals.

KKR & Co. Inc. (NYSE: KKR) announced plans to release its financial results for the first quarter of 2022 on May 3, 2022, prior to the opening of trading on the NYSE. A conference call will follow the announcement at 10:00 a.m. ET, accessible by phone and via internet live stream. KKR, a leading global investment firm, focuses on alternative asset management and capital markets solutions, aiming to generate attractive investment returns through a disciplined investment approach.

KKR announced the acquisition of Twenty Anson, a prime-grade office building in Singapore's central business district, marking its first real estate office investment in the region. The 206,163-square-foot property is recognized for its strong ESG credentials and strategic location amid new developments. KKR aims to capitalize on Singapore's recovery and long-term growth in office real estate, driven by favorable macroeconomic conditions and government policies. This investment aligns with KKR’s Asia Pacific real estate strategy and underscores confidence in sustainable urban development.

A recent survey by Global Atlantic Financial Group highlighted concerns among retirement-age investors regarding low interest rates and rising inflation, with 61% believing these factors make it challenging to secure a lasting retirement income. While 96% prioritize guaranteed income, only 24% currently use annuities. Moreover, annuity holders are more optimistic about their financial future, with 62% confident their savings will last a lifetime, compared to 48% of non-holders. This underscores an opportunity for financial professionals to educate clients about annuities and enhance retirement strategies.

FS KKR Capital Corp. (NYSE: FSK) will release its first quarter 2022 results on May 9, 2022, after the market closes. A conference call is scheduled for May 10, 2022, at 9:00 a.m. ET to discuss these results, accessible via phone and webcast. An investor presentation will be available on FSK's website post the earnings release. FSK focuses on providing customized credit solutions to private middle market U.S. companies, primarily investing in senior secured and subordinated debt.

KKR & Co. Inc. has priced a substantial offering of ¥36.4 billion in various Senior Notes due between 2027 and 2037. The debt instruments carry interest rates ranging from 1.054% to 1.795%, with the proceeds earmarked for general corporate purposes, including a pending acquisition of Mitsubishi Corp.-UBS Realty Inc.. The offering is aimed at qualified institutional buyers under Rule 144A and Regulation S, and the notes will be fully guaranteed by KKR and its subsidiaries.