Side Letter: KKR’s E&F ‘overhaul’; ARK’s retail push; Investcorp’s GP stakes close

KKR believes endowments and foundations may need to overhaul their business footprint to continue generating stellar returns. Plus: Cathie Wood's ARK wants to access retail capital with its new venture fund and Investcorp has closed its debut GP stakes fund. Here's today's brief, for our valued subscribers only.