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.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
KKR & Co. Inc. (NYSE: KKR) has announced that it will release its financial results for Q1 2023 on May 8, 2023, before the NYSE opens. A conference call to discuss these results will be held the same day at 12:00 p.m. ET and will be accessible via phone or live stream on KKR's website. KKR is recognized as a leading global investment firm specializing in alternative asset management and insurance solutions. The firm aims to deliver attractive investment returns through a disciplined approach and strong management of its portfolio companies. Interested parties can access a replay of the conference call on KKR’s Investor Center approximately one hour post-broadcast.
KKR Income Opportunities Fund (NYSE: KIO) announced monthly distributions of $0.1215 per common share, amounting to an annualized distribution rate of 13.32%, based on the current share price of $10.95 as of April 14, 2023.
The distribution schedule for May, June, and July 2023 includes:
- May 11, 2023 - Ex-Date
- May 12, 2023 - Record Date
- May 31, 2023 - Payable Date
Investors are advised that a portion of the distributions may be from sources other than net investment income. The Fund seeks to provide high current income and capital appreciation through investments primarily in secured loans and high-yield corporate debt.
On April 17, 2023, FS KKR Capital Corp. (NYSE: FSK) announced plans to release its first quarter 2023 financial results on May 5, 2023, prior to the opening of the New York Stock Exchange. A conference call will follow at 9:00 a.m. ET on the same day, where the company will discuss its results. Participants can register for the call online and access it via webcast from the Investor Relations section of FSK's website. An investor presentation will also be available, featuring key financial information. FSK focuses on providing customized credit solutions, primarily through senior secured and subordinated debt investments in private middle market U.S. companies.
WPP announces that KKR has made a growth investment in FGS Global, a strategic advisory and communications consultancy where WPP holds a majority stake. This investment values FGS Global at $1.425 billion.
FGS Global, with 1,300 experts, has a strong reputation in financial communications, advising on 322 deals valued over $657 billion in 2022. Post-investment, WPP will remain the majority owner, while FGS employees continue as substantial shareholders. The deal is expected to close by Q3 2023, pending regulatory approvals.
This partnership aims to enhance FGS Global's growth and innovation in the strategic advisory sector.
KKR has announced a strategic growth investment in FGS Global, a leading advisory and communications firm. WPP plc will remain the majority owner, while FGS employees will hold substantial shares, with plans for nearly half of the workforce to have employee ownership. KKR's investment comes from its $8 billion European Fund VI, which focuses on growth and partnerships. With 1,300 experts globally, FGS specializes in corporate reputation and crisis management, serving over 1,600 clients. The transaction is expected to close by Q3 2023, pending regulatory approval. FGS was recently ranked the #1 Global PR firm for deal count and value in 2022 by Mergermarket, further solidifying its market position.