Search results
Results from the WOW.Com Content Network
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private-equity and investment company. As of December 31, 2023 [update] , the firm had completed private-equity investments in portfolio companies with approximately $710 billion of total enterprise value.
The firm was founded in 1987, [1] when American businessman and investor Jerome Kohlberg Jr. resigned from Kohlberg Kravis Roberts & Co. over differences in strategy. Kohlberg did not favor the larger buyouts, including Beatrice Companies in 1985 and Safeway in 1986, highly leveraged transactions or hostile takeovers being pursued increasingly by KKR.
Each year Private Equity International publishes the PEI 300, a ranking of the largest private-equity firms by how much capital they have raised for private-equity investment in the last five years. [1] In the 2024 ranking, Blackstone Inc. retained the top spot from KKR. [2]
KKR is aiming to move toward a buy-and-hold model more akin to Warren Buffett’s Berkshire Hathaway. KKR’s ‘apprenticeship culture’ is fueling its ambitions to reach $1 trillion in assets ...
Joseph Yong Bum Bae is the co-chief executive officer of KKR & Co. Inc, along with Scott Nuttall. [1] [2] The two took over as co-chief executives in fall 2021 from KKR's founders, Henry Kravis and George Roberts. Bae joined KKR in 1996 after a short stint at Goldman Sachs. [1] [2] He is credited with a critical role in KKR's expansion in Asia. [1]
US private equity giant KKR has placed a more than £1 billion bet that it can grow one of the UK’s biggest smart meter companies with new injections of money. Smart Metering Systems (SMS) said ...
Blackstone Group has raised $695 million from Mexican pension funds for its first two local private equity funds, filings showed, joining Black Rock and KKR & Co in expanding in Mexico following ...
Instead, Kohlberg chose to return to his roots, acquiring smaller, middle-market companies and, in 1987, founded a new private equity firm Kohlberg & Company. As of the end of 2007 Kohlberg & Company had raised six private equity funds since its inception, with approximately $3.7 billion of investor commitments.