KKR Stock Recent News

FS KKR Capital focuses on debt investments in US middle-market businesses with annual EBITDA between $50m and $150m, emphasizing long-term, defensive strategies. The company prioritizes stable, cash flow generating businesses, with nearly 60% of investments in senior secured, first-lien loans. FSK's conservative approach is evident in its low non-accruals at fair value, which stand at 1.7%.

U.S. private equity firm Bain Capital is set to raise its offer price for Fuji Soft to 9,600 yen ($63.35) from 9,450 yen to counter KKR's tender offer bid, the Nikkei business daily reported on Wednesday.

FS KKR Capital Corp offers a dividend yield exceeding 13%, making it attractive for income investors despite recent valuation increases. With a market cap of around $6 billion, FS KKR is one of the larger BDCs, lending to upper-middle market companies. Risks exist, but FS KKR Capital's substantial yield and market position warrant a closer look for income-focused investors.

KKR & Co. Inc. (NYSE:KKR ) Goldman Sachs 2024 US Financial Services Conference December 10, 2024 8:00 AM ET Company Participants Scott Nuttall - Co-Chief Executive Officer Conference Call Participants Alex Blostein - Goldman Sachs Alex Blostein Great. Well, good morning, and welcome to the Goldman Sachs' 35th Annual Financial Services Conference.

Shares of Perpetual fell nearly 10% on Tuesday after Australian tax authorities' review of its deal to sell wealth management and corporate trust businesses to KKR & Co revealed higher liabilities and lower shareholder returns.

FS KKR Capital's (FSK) portfolio quality has improved with a decrease in non-accrual rates, indicating higher average credit quality and strong earnings supporting a 13% dividend yield. The portfolio is diversified, with 67% in senior secured debt, and operates on a floating rate basis, sensitive to interest rate changes. Despite a slight decrease in NAV, FSK's management is actively investing in new deals.

NEW YORK--(BUSINESS WIRE)--KKR today announced a newly promoted group of 41 Managing Directors, effective January 1, 2025. “We are proud to recognize and celebrate the advancement of these exceptional leaders at KKR. These promotions reflect not only each individual's professional achievements but also their unwavering commitment both to upholding the firm's values and to delivering for our clients, companies and shareholders,” said Joe Bae and Scott Nuttall, Co-Chief Executive Officers of KKR.

LONDON--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced it is partnering with Andrew Williams, former long time CEO at Halma plc (“Halma”), to pursue new acquisition opportunities in the Industrials sector and more broadly across leading UK businesses. Andrew will assume the role of Executive Advisor to KKR. Once a company has been acquired, KKR and Andrew will work together to support breakthrough operating performance and growth. KKR expects to support acquired busines.

The board of Japan's Fuji Soft has decided to stick with a 558.4 billion yen ($3.72 billion) buyout offer from KKR , the Nikkei newspaper said on Friday, despite having received a higher counter-offer from Bain.

NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the third quarter 2024 on Thursday, October 24, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR's financial results will be held on Thursday, October 24, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not require.