KKR related stories
All articles and analysis
KKR seals $306m oil and gas dealKKR Natural Resources' latest deal brings its total capital deployed since 2010 past $900m, and leaves it with about $1.1bn of available capital remaining for new investments.
- Oaktree founders eye $234m payday
Howard Marks and Bruce Karsh will collect about $117m each from the firm’s IPO, a filing for which revealed details including gross IRR on the firm's distressed debt funds.
- GPs sign on to private capital database
More than a dozen GPs have agreed to contribute data to a global private equity database being developed by the Private Capital Research Institution and Harvard Business School professor Josh Lerner.
- Searchlight hits $860m for maiden fund
Searchlight Capital Partners, co-founded in 2010 by former head of Teachers' Private Capital Erol Uzumeri and execs from KKR and Apollo, has raised more than $860m.
- KKR ramps up lending after strong second quarter
Following a second quarter in which KKR’s net income rose 73% from last year’s figure, the firm has established a $300m joint venture to lend to mid-market companies, says KKR's Scott Nuttall.
- GPs turn to dividend recaps
There has been a pronounced increase in the number of dividend recapitalisations as firms seek alternative means to realise value from their investments, according to a Moody’s report.
- Time to be bold
Two swallows do not a summer make, but the $6.6bn acquisition of Suddenlink this week, and the rumoured buyout of RBS-owned insurer Direct Line for a similar amount, suggest big buyouts could be coming back into fashion. Given the amount of dry powder that needs to be spent, it’s about time.
- PE, VC execs give millions to Romney 'super PAC'
Seventy one individuals from firms including KKR and TPG have donated more than $8.2m to an independent committee dedicated to helping Mitt Romney win the US presidential election.
- KKR brews German buyout
The firm has offered to acquire German-coffee machine company WMF for €47 per share, a 24% premium on WMF’s 5 July closing price.
- Carlyle teams with government to save refinery
The firm is investing in the largest refinery on the eastern seaboard with help from Pennsylvania to upgrade the facility and shift the source of crude oil from northern Africa to domestic sites around North America.