Kkr & Co Inc Stock Price, News & Analysis

KKR has invested in Adopt A Cow, a rapidly growing direct-to-consumer dairy brand in China, co-led with DCP Capital. Founded in 2016, Adopt A Cow produces pure milk, yogurt, cheese sticks, and milk powder, boasting over 10 million customers. The investment will accelerate the development of modern dairy farms and integrate digital operations to enhance quality and efficiency. KKR aims to leverage its expertise in technology and consumer sectors to support the company's growth in China's dynamic dairy market.

FS KKR Capital Corp. (NYSE: FSK) will announce its first quarter 2021 results on May 10, 2021. A conference call is scheduled for May 11, 2021, at 8:00 a.m. ET to discuss these results. Interested parties can join via phone or listen to the webcast on the company's Investor Relations website. An investor presentation will also be available on the same date. FS KKR Capital Corp. is a publicly traded business development company focusing on credit solutions for private middle market U.S. companies and is advised by FS/KKR Advisor, LLC.

FS KKR Capital Corp. II (NYSE: FSKR) will release its first quarter 2021 results after market close on May 10, 2021. The company will host a conference call on May 11, 2021, at 10:00 a.m. ET to discuss these results. Interested participants can join by dialing (833) 519-1290 or through a webcast available on FSKR's Investor Relations website. An investor presentation will also be accessible after the May 10 results release. FSKR is a prominent business development company focused on customized credit solutions for private middle market U.S. companies.

On April 14, 2021, KKR announced a definitive agreement to acquire Ensono, a leading hybrid IT services provider, from Charlesbank Capital Partners and M/C Partners. This strategic investment follows Ensono's strong growth, including its recent acquisition of Amido, a cloud consultancy. The acquisition aims to leverage KKR's extensive resources to enhance Ensono's capabilities and expand its service offerings. The transaction is expected to close within 60 days, pending regulatory approvals, although financial details were not disclosed.

KKR, a global investment firm, has announced the addition of three experienced executives to its Global Infrastructure team. Tim Short and Benoit Allehaut join as Managing Directors, while Benjamin Droz is appointed as Principal, all focused on renewable energy investments in North America. The firm has committed approximately $19.5 billion in renewable assets over the last decade, managing over $27 billion in total infrastructure assets. The new appointments come from Capital Dynamics, where the trio had significant roles in clean energy investments totaling $14.5 billion.

KKR announced the appointment of Sasank Chary as a Managing Director in its financial services team, based in New York. Chary has over 15 years of experience in the financial services and technology sectors, previously working at Reverence Capital Partners and Sageview Capital. His role will focus on sourcing investments in financial technology and services. KKR aims to leverage Chary's expertise to expand investment capabilities in its financial services segment, which includes recent investments in various sectors including insurance and payments.

On April 7, 2021, KKR announced its agreement to acquire a majority interest in Therapy Brands, a leading software platform for mental and behavioral healthcare providers, from its existing shareholders including Lightyear Capital, Oak HC/FT, and Greater Sum Ventures. Therapy Brands serves over 28,000 practices across the U.S. with comprehensive practice management and EHR solutions. The deal aims to enhance the platform's growth and delivery of technology-enabled solutions amidst increasing demand for mental health services. Financial terms were not disclosed.

KKR has announced the final close of its KKR Asian Fund IV, raising US$15 billion for private equity investments in the Asia Pacific region. KKR is investing US$1.3 billion of its own capital alongside commitments from global investors. The fund aims to tap into growth opportunities driven by rising consumption, urbanization, and corporate realignments. With over US$30 billion in assets under management in Asia Pacific, this fund is the largest dedicated to the region, receiving strong support from both new and existing investors.

Sempra Energy has signed an agreement to sell a 20% interest in its new platform, Sempra Infrastructure Partners, to KKR for $3.37 billion. This values the platform at approximately $25.2 billion including debt. The deal aims to consolidate Sempra's infrastructure investments into a self-funding model, enhancing growth potential in cleaner energy markets in North America. Proceeds will support Sempra's $32 billion capital program and strengthen its balance sheet. The transaction is expected to close by mid-2021, pending regulatory approvals.