KKR Stock Recent News
KKR LATEST HEADLINES
KKR co-founder and co-Executive Chairman Henry Kravis just sold $154 million of stock of the private-equity firm.
KKR and PSP Investments have jointly acquired a 19.9% equity interest investment in AEP's Ohio and Indiana Michigan transmission companies. The transaction proceeds will be used to support AEP's five-year, $54 billion capital plan.
The Investment Committee give you their top stocks to watch for the second half.
The water company said the decision not to proceed with the equity raise created uncertainty around its plan to stay afloat, raising the prospect of nationalization.
Thames Water could be on the verge of being renationalised after its preferred funding partner, US private equity giant KKR, has decided to walk away. KKR was selected as "preferred partner" in March after it offered to put £4 billion into the company, but despite the US firm completing due diligence stage and preparing a funding plan, it has now "indicated that it will not be in a position to proceed", the UK's largest water company said in a statement.
Top private equity stocks have plunged this year as concerns about the industry remain. Apollo Global stock price was trading at $130.5 on Monday, down by 30% from its highest point this year.
NEW YORK--(BUSINESS WIRE)--KKR Credit Opportunities Portfolio (“K-COP” or the “Fund”) today announced plans to convert to the KKR Asset-Based Finance Fund, with an investment strategy and portfolio focused on a multi-sector approach to investing in privately sourced and structured Asset-Based Finance (“ABF”) investments. The conversion is expected to take effect on or about August 30, 2025, subject to shareholder approval of certain matters relating to the conversion. KKR Credit Advisors (US) L.
KKRT offers a 6.875% nominal yield, a BBB+ rating, and is fairly priced relative to KKR's senior debt and sector peers. KKR has outperformed both the S&P 500 and asset manager peers over the past decade, but its debt interest coverage requires monitoring. ETF inclusion, particularly in PFF, could drive short-term price appreciation for KKRT, creating a technical buying opportunity.
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that Adam Smith, Partner and Co-Head of Credit & Markets, will present at the Morgan Stanley US Financials Conference 2025 on Tuesday, June 10, 2025 at 9:00 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR's website at https://ir.kkr.com/events-presentations/. For those unable to listen to the live webcast, a replay will be available on the website shortly after the eve.
MUMBAI, India--(BUSINESS WIRE)--KKR Provides $600 Million Financing to Indian Conglomerate Manipal Group.