Welcome to our dedicated page for Kkr & Co news (Ticker: KKR), a resource for investors and traders seeking the latest updates and insights on Kkr & Co stock.
KKR & Co. Inc. (NYSE: KKR) is a global investment firm active across alternative asset management, capital markets and insurance solutions, and its news flow reflects this breadth. Press releases describe KKR-sponsored funds investing in private equity, credit and real assets, alongside insurance subsidiaries that offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group.
Recent KKR news highlights activity in private credit, infrastructure, real estate, digital infrastructure and transportation. For example, KKR announced the completion of a fundraise for KKR Asia Credit Opportunities Fund II and related accounts, focused on privately originated performing credit investments in Asia Pacific. The firm also reported a strategic partnership with RWE to develop UK offshore wind projects, illustrating its participation in energy transition and renewables infrastructure.
Other releases describe additional equity commitments to a European data center platform, the acquisition of a large logistics facility in Korea, and a strategic partnership to build a European rail leasing platform through an investment in Green Mobility Partners. KKR also issues updates on monetization activity, earnings release dates and fund distribution announcements, such as those related to KKR Income Opportunities Fund.
Investors and observers using this news page can review KKR’s official announcements on transactions, fund launches, capital raises, governance developments and financial disclosures. The coverage provides context on how KKR’s funds and subsidiaries operate across private equity, credit, real assets and insurance, and how the firm positions itself in themes such as private credit, digital infrastructure and the energy transition.
Level Access and eSSENTIAL Accessibility have announced a merger to create a comprehensive digital accessibility solution for businesses and organizations. This strategic combination aims to empower organizations to enhance accessibility for people with disabilities. The merger, expected to complete by mid-2022, will leverage the expertise of both companies to provide improved accessibility services. KKR and JMI Equity will continue to support the combined entity's growth. The headquarters will be in Arlington, Virginia, with significant operations in Toronto and Argentina.
Global Atlantic Financial Group has launched a multi-year partnership with the National Forest Foundation, committing up to $500,000 in donations through 2025 for tree-planting and reforestation programs. This includes annual grants of $50,000 and additional funds for each policyholder opting for e-delivery, potentially totaling $300,000. The initiative aims to enhance forest health and raise environmental awareness among policyholders. The donations reflect Global Atlantic's dedication to corporate responsibility and environmental sustainability.
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.
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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.