Kohlberg Kravis Roberts

KKR & Co. Inc.
Company typePublic
IndustryFinancial services:
Private equity
(1976–present)
Investment banking
(2004–present)
Founded1976 (1976) (as Kohlberg Kravis Roberts & Co.)
Founders
Headquarters30 Hudson Yards
New York City, U.S.
Number of locations
20 offices in 16 countries (2010)[1]
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
RevenueIncrease US$14.50 billion (2023)
Increase US$5.357 billion (2023)
AUMIncrease US$552.8 billion (2023)
Total assetsIncrease US$317.3 billion (2023)
Total equityIncrease US$22.86 billion (2023)
Number of employees
4,490 (2023)
Websitekkr.com
Footnotes / references
[2]

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.[2]: 8  As of December 31, 2023, assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively.[2]: 167 

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.[3][4]

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),[5] with trading commencing four months later, on July 15, 2010.

  1. ^ Cite error: The named reference kkroffices was invoked but never defined (see the help page).
  2. ^ a b c "KKR & Co. Inc. 2023 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. February 29, 2024.
  3. ^ "What's An Aging 'Barbarian' To Do?" The New York Times, August 26, 2001.
  4. ^ "What Does Henry Kravis Want?" The New York Times, September 6, 2008.
  5. ^ "KKR Files for NYSE Listing", March 17, 2010.

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