Alternatives
Family Office, KKR Buy Up Regional Australian Airports
The acquisition of the four properties of Queensland Airports from Australian funds is expected to close this year.
Tag: KKR
Pensions
Pension Fund Sues KKR, Alleging $500M Payout Had ‘No Value’ to Unitholders
The lawsuit claims the firm’s founders and executives breached their fiduciary duties and ‘wanted to enrich themselves.’
Corporate Moves
Ackman Firm’s Projected Market Cap Is $10 billion
His Pershing Square plans a 2025 IPO, and recently sold a 10% stake worth $1 billion.
Alternatives
Insurance CIOs See Alternatives Driving Portfolio Returns
There is no “turning back” to traditional asset allocations, according to KKR.
Research
What Does Moody’s Bad Outlook for 3 Key BDCs Mean for Private Credit?
Maybe not much. The business development company stock index has kept climbing, regardless.
Asset Allocation
Family Offices Plan to Increase Alts Allocations
CIOs plan to add exposure to private equity, credit and infrastructure and funding by selling cash and equities, according to KKR’s 2023 family capital survey.
Risk
Possible IPO Stars for 2024: Private Equity Firms
Amid encouraging market performances of other public buyout companies, expect a spate of PE operators to go public, says PitchBook.
Why Private Credit Is So Darn Popular
Yields are high, and well-fixed institutions back them, but what happens in a recession?
Market Moves
KKR Announces Acquisition of Remaining 37% of Global Atlantic for $2.7B
The private equity giant has owned a majority share since 2021, and the transaction continues a trend of private equity companies buying insurance companies.
Corporate Moves
KKR, USI Insurance Buy USI Shares From CDPQ
KKR is increasing its equity in the insurance broker and consultant to continue driving long-term growth.
Research
Kellogg Foundation Offers a How-To on DEI for Finance Employers
Pointing to low levels of diversity among money managers and private equity firms, it gives examples of successful programs that boost diversity.
How Close is Tokenization for Mainstream Investors?
Several money managers now offer tokenized funds to investors, while other firms are exploring ways to utilize tokenization for clients.
Manager Selection
KKR Elevates Domestic Private Equity Co-Heads to Global Roles
Peter Stavros and Nate Taylor were promoted to global co-heads of private equity, tasked with enhancing connectivity and supporting KKR’s investment model.
Asset Allocation
Alternative Allocation Provides Asset Managers More Diversification
After the 60/40 portfolio failed to generate its usual stability in 2022, asset management firms suggest higher alternative asset allocations to achieve greater diversification.
Private Equity, the Hot Asset Class for Allocators, Faces Headwinds
Deals are expected to fall far short of 2021’s record-breaking level.