KKR Announces Intra-Quarter Monetization Activity for the Second Quarter

NEW YORK--(BUSINESS WIRE)--KKR today announced a monetization activity update for the period from April 1, 2022 through June 23, 2022. Based on information available to us as of today, with respect to the period through June 23, 2022, KKR has earned gross realized carried interest and realized investment income in excess of $950 million, of which approximately 75% is gross realized carried interest and approximately 25% is realized investment income. This is driven primarily by strategic and secondary sale transactions that have closed quarter to-date, as well as dividend and interest income from KKR's balance sheet portfolio.

The estimate disclosed above is not intended to predict or represent the total revenues for the full quarter ending June 30, 2022, because it does not include the results or impact of any other sources of income, including fee income, losses or expenses. This estimate is also not necessarily indicative of the results that may be expected for any other period, including the entire year ending December 31, 2022.

More on Amzeal News

• Children's Shoe Brand joins Soles4Souls in Ukrainian Refugee Relief Efforts
• iTech offers 60-days free trial on expEDIum Medical Billing® product
• The Data Economics Company announces partnership with Incradia to release the ReVerse franchise on Lydion-based Game Development Platform
• Completion of funding round brings Metaphysiks one step closer to embodying the Metaverse
• Onlive Server Offer Hong Kong Cloud VPS Server Hosting with KVM Hypervisor Solution and Dedicated IP

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.

More on Amzeal News

• On Anniversary of Surfside Tragedy, New Book Coaches Residents to Identify Warning Signs
• IceHouse Portable AC Review: 2022 Best Air Cooler For Room
• Local MD Resident Mike "C-Roc" Ciorrocco Accepted Into Exclusive Project 10K
• The Coming Era of Data as Code: Sean Scott Demonstrated a New Approach in Software at SPOUG22
• L-Tron granted patent for OSCR360 spherical imaging technology

Forward-Looking Statements

This press release may contain forward-looking statements, including estimated operating results from certain monetization activities. Words such as "expect," estimate," "will," "may" and "believe" or similar expressions may identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those included in these forward-looking statements, and investors should not place undue reliance on such statements. These forward-looking statements speak only as of the date of this press release, and we do not undertake any obligation to update or revise any of the forward-looking statements to reflect future events or circumstances, except as required by law.

Contacts

Investor Relations:
Craig Larson
+1 (877) 610-4910 (U.S.) / +1 (212) 230-9410
investor-relations@kkr.com

Media:
Kristi Huller, Cara Major or Miles Radcliffe-Trenner
+ 1 (212) 750-8300
media@kkr.com

---

Show All News | Report Violation