Washington State Paying 1 Percent Fee on KKR Flagship Fund

KKR & Co. LP (KKR.N) has agreed to charge the Washington State Investment Board a super-low 1 percent annual management fee on the pension fund's $250 million follow-on commitment to the firm's flagship fund, KKR North American Fund XI LP, a source tells Buyouts.

28 February 2013•3 mins read
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