KOHLBERG KRAVIS ROBERTS & CO. L.P. other names

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm


Number of Employees:

1,635

of those in investment advisory functions:

638


Registration:

SEC, Approved, 10/15/2008

AUM:

307,733,342,981 6.15%

of that, discretionary:

307,733,342,981 6.15%

Private Fund GAV:

340,594,324,856 16.45%

Avg Account Size:

2,461,866,744 3.60%


SMA’s:

NO

Private Funds:

478 90

Contact Info

212 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
290B 248B 207B 166B 124B 83B 41B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Should You Hold Kohlberg Kravis Roberts & Co. L.P. (KKR)?
11/27/2023

Alphyn Capital Management, an investment management firm, released its third-quarter 2023 investor letter. The same can be downloaded here. The Master Account of the fund returned -1.1% net in the third quarter compared to -3.3% for the S&P500 Index. As of September 30, 2023, the top ten holdings accounted for approximately 71% of the portfolio, and […]

Insider Monkey

5 Stocks Prem Watsa Just Bought and Sold
11/20/2023

In this piece, we will take a look at the five stocks that Prem Watsa just bought and sold. To learn more about the investor and his. firm, check out 10 Stocks Prem Watsa Just Bought and Sold. 5. Kohlberg Kravis Roberts & Co. L.P. (NYSE:KKR) Fairfax Financial’s Q3 2023 Investment: $2.2 million Bought Or […]

Insider Monkey

Kohlberg Kravis Roberts & Co. L.P. Buys 1, Sells 4 in 2nd Quarter
08/15/2022

Related Stocks: FISV, EDR, PLAY, KREF, DASH,

gurufocus.com

CDP Equity, KKR, Macquarie, Open Fiber and TIM Ink MoU on Integrating TIM and Open ...
05/29/2022

... Luxembourg company controlled by one or more funds managed by Kohlberg Kravis Roberts & Co. LP (KKR), Macquarie Asset Management (Macquarie), ...

swfinstitute.org

Kohlberg Kravis Roberts & Co. L.P. Buys ForgeRock Inc, SPDR Blackstone Senior Loan ETF, ...
11/16/2021

Related Stocks: KINZ, INKA, IGAC, LMAO, TMKR, GOAC, FORG, SRLN, BKLN, JCIC, JNK, TEKK, IR, ASO, COOP, EQR, KRP, CUZ,

gurufocus.com

Preqin appoints new CEO
11/01/2021

Preqin appoints new CEO Submitted 01/11/2021 - 9:55am Preqin, a specialist in alternative assets data, tools, and insights, has appointed Christoph Knaack, currently the company's Chief Strategy & Product Officer, as CEO as of 1 January, 2022.  Knaack will focus on leading Preqin through its next growth phase, as the company moves toward serving its customers t...

Hedge Week


Private Funds Structure

Fund Type Count GAV
Hedge Fund 20 $28,944,451,796
Private Equity Fund 414 $284,355,914,359
Real Estate Fund 29 $10,494,688,022
Securitized Asset Fund 13 $16,786,767,679
Other Private Fund 2 $12,503,000

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Private Funds



Employees




Brochure Summary

Overview

Overview Kohlberg Kravis Roberts & Co. L.P. (“KKR”) is a Delaware limited partnership and is registered as an investment adviser with the U.S. Securities and Exchange Commission (the “SEC”). KKR has approximately $307.7 billion1 in assets under management as of December 31, 2023. Today, through its offices across North America, Europe, the Middle East, Asia and Australia, KKR advises and sub-advises private equity funds and other investment vehicles that invest capital for long-term appreciation, primarily either through controlling ownership of companies or minority positions. Such funds also make investments in publicly traded equity and debt securities and other marketable securities and instruments (collectively with any investments in derivative instruments, “Marketable Securities”). KKR advises funds and other investment vehicles that pursue private equity, infrastructure, climate, energy, real estate equity, real estate debt, growth capital, impact and core strategies, which invest capital primarily through acquiring interests in companies or underlying assets. KKR also sponsors and manages funds and other investment vehicles that make co-investments alongside KKR proprietary investments or in portfolio companies and other assets invested in by funds advised by KKR and its affiliates, strategic partnership vehicles and other multi-strategy and/or multi-asset arrangements that invest across multiple funds and investment strategies advised by KKR and its affiliates, and that invest in funds advised by KKR and its affiliates, funds advised by unaffiliated investment managers (collectively, “third party funds”), related co- investments, and other feeder funds or side-by-side vehicles established primarily for employees and certain other persons associated with KKR and KKR Credit (as defined below). KKR also from time to time serves as sub-adviser in respect of capital allocated within KKR Credit Funds (as defined below). KKR is affiliated with KKR Credit Advisors (US) LLC (“KKR Credit Advisors (US)”), an investment adviser that is separately registered with the SEC, together with its relying advisers, other affiliated entities and participating affiliates, collectively (“KKR Credit”). KKR Credit advises pooled investment vehicles, separately managed accounts, collateralized loan obligation vehicles (“CLOs”), closed-end investment companies registered under the United States Investment Company Act of 1940, as amended (the “Investment Company Act”) (“RICs”), discretionary accounts established for third-party institutional investors (including pension plans), a closed-end management investment company that operates as an interval fund, and side-by-side vehicles established primarily for employees and certain other persons associated with KKR and KKR Credit (“KKR Credit Funds”). KKR also delegates sub-advisory authority to KKR Credit in respect of capital allocated within certain KKR Funds to strategies implemented by KKR Credit. KKR Credit’s investment management and advisory activities focus on U.S. and European leveraged credit strategies, such as leveraged loan, high yield bonds, opportunistic and revolving credit strategies, structured credit and U.S., European and Asian alternative credit strategies, including special situations, strategic investments and private credit strategies, such as direct lending, junior debt and asset based financing investment strategies. On February 1, 2021, KKR & Co. acquired a majority interest in The Global Atlantic Financial Group Limited (“Global Atlantic”), a retirement and life insurance company. On January 2, 2024, KKR & Co. completed the acquisition of the remaining interests in Global Atlantic that KKR did not own, increasing KKR’s ownership to 100%. Since KKR & Co.’s initial acquisition of the majority interest in Global Atlantic, Global Atlantic has generally continued to operate as a separate business with its existing brands and management team. KKR (including through KKR Credit) will serve as Global Atlantic’s investment 1 Represents KKR’s most recently published AUM as disclosed in Part 1. AUM calculations differ from those used in other regulatory filings by KKR in accordance with applicable requirements and guidelines. manager. Based on preliminary financial results of Global Atlantic, the estimated
value of Global Atlantic assets managed by KKR as of December 31, 2023, was approximately $36.4 billion. On April 28, 2022, KKR & Co. acquired 100% of KJR Management (“KJRM”) (formerly known as Mitsubishi Corp.-UBS Realty). KJRM is a real estate asset manager in Japan that invests in diversified real estate assets, including retail, office and mixed use properties through two Tokyo Stock Exchange-listed real estate investment trusts (“JREITs”). As of December 31, 2023, the estimated value of assets managed by KJRM was approximately $12 billion. For additional information regarding KKR’s clients, including the definitions of “KKR Funds” and “Other Clients,” please see Item 7 – “Types of Clients”. Additional information regarding KKR’s “relying advisers” which are investment advisory affiliates that rely on KKR, as their filing adviser, to file (and amend) a single umbrella SEC registration on their behalf, and other advisory affiliates including and in addition to KKR Credit that are separately registered with the SEC, is provided in Item 10 – “Other Financial Industry Activities and Affiliations”. KKR also has an affiliated capital markets business operated through affiliated broker-dealers. Please see Item 10 – “Other Financial Industry Activities and Affiliations” for additional information regarding KKR’s affiliated broker-dealers. KKR also has a proprietary investment business. Please see Item 11 – “Code of Ethics, Participation or Interest in Client Transactions and Personal Trading” for additional information regarding KKR’s proprietary investment activities. With limited exceptions, for example, in connection with certain customized products advised by KKR that invest in funds advised by KKR and its affiliates, third party funds and related co-investments, and certain sub-advisory relationships, KKR does not manage client assets on a non-discretionary basis as of December 31, 2023, although certain clients have consent or opt-out rights with respect to certain investments. KKR does not participate as a manager in any wrap fee programs. Ownership/Structure Kohlberg Kravis Roberts & Co. L.P. is an indirect subsidiary of KKR & Co. Inc. (formerly KKR & Co. L.P.) (“KKR & Co.” or the “KKR Public Company”), which is listed on the New York Stock Exchange (“NYSE”). KKR Management LLP (“KKR Management”) is the sole holder of Series I preferred stock of the KKR Public Company, which is entitled to vote for the election of directors, among other matters relating to the KKR Public Company. In addition, KKR Holdings L.P. (“KKR Holdings”) holds stock of the KKR Public Company, which permits KKR Holdings to vote on matters submitted to a vote of the stockholders of the KKR Public Company. As of January 1, 2021, economic ownership interests in subsidiaries of the KKR Public Company were held directly or indirectly by KKR Holdings, KKR Holdings II L.P. (“KKR Holdings II”) and KKR Associates Holdings L.P. (“KKR Associates Holdings”). KKR Management, KKR Holdings, KKR Holdings II and KKR Associates Holdings are owned by certain current and former KKR employees and their related persons. On October 8, 2021, the KKR Public Company, through its subsidiaries, entered into an agreement (the “Reorganization Agreement”) with KKR Holdings, KKR Management, KKR Associates Holdings and certain other parties to undertake a series of integrated transactions completed on May 31, 2022, in which the KKR Public Company combined with KKR Holdings, among other things. In addition, following this combination, on December 31, 2026, subject to exceptions that would accelerate this date, the KKR Public Company will (i) eliminate the Series I preferred stock held by KKR Management, (ii) establish voting rights for the KKR Public Company’s common stock on a one vote per share basis, including with respect to the election of directors, and (iii) acquire control of KKR Associates Holdings. Additional information regarding the Reorganization Agreement is provided in the KKR Public Company’s current public filings under the Securities Exchange Act of 1934, as amended. Further information can be found in KKR & Co.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 29, 2024 and its other periodic filings with the SEC, which are available at www.sec.gov.