Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds. As of December 31, 2023, the firm had completed more than 730 private equity investments in portfolio companies with approximately $710 billion of total enterprise value.: 8 As of December 31, 2023, assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively.: 167
Headquarters at 30 Hudson Yards | |
| Company type | Public |
|---|---|
Traded as |
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| Industry | Financial services: Private equity (1976–present) Investment banking (2004–present) |
| Founded | 1976 (as Kohlberg Kravis Roberts & Co.) |
| Founders | |
| Headquarters | 30 Hudson Yards New York City, U.S. |
Number of locations | 20 offices in 16 countries (2010) |
Area served | Worldwide |
Key people | Henry R. Kravis (Co-Executive chairman) George R. Roberts (Co-Executive chairman) Joseph Bae (Co-CEO) Scott Nuttall (Co-CEO) |
| Products |
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| Revenue | US$14.50 billion (2023) |
Net income | US$5.357 billion (2023) |
| AUM | US$552.8 billion (2023) |
| Total assets | US$317.3 billion (2023) |
| Total equity | US$22.86 billion (2023) |
Number of employees | 4,490 (2023) |
| Website | kkr |
| Footnotes / references | |
The firm was founded in 1976 by Jerome Kohlberg Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 2007 buyout of TXU, which is currently the largest buyout completed to date.
In October 2009, KKR listed shares in the company through KKR & Co., an affiliate that holds 30% of the firm's ownership equity, with the remainder held by the firm's partners. In March 2010, KKR filed to list its shares on the New York Stock Exchange (NYSE), with trading commencing four months later, on July 15, 2010.