Category: KKR & Co LP

New Limits on Investors and a Debt Downgrade Add to Private Credit Woes

The New York Times – Business:
Investors are concerned about the health of the industry, which ballooned over the past decade.
Richard Beattie, Who Helped Pioneer Private Equity Takeovers, Dies at 86

A top Wall Street lawyer, he worked on some of the biggest corporate mergers in history, including KKR’s takeover of Nabisco in 1989. He also served in the Carter administration and in city government.
Can Corporate America Help Harris Win Pennsylvania?

The vice president has raised huge sums and has won over many business leaders. Despite that, the presidential race remains tight in battleground states.
Private REITS Were a Hot Investment Trend, but They’ve Lost Some Appeal

Drawn by the opportunity to invest with private equity firms, small investors rushed into real estate investment trusts. But the funds have lost some appeal as interest rates have climbed.
Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit

The buyout giant KKR pioneered a model of granting ownership stakes to employees at portfolio companies. Now it wants the approach to spread.
A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
Paramount Agrees to Sell Simon & Schuster to KKR, a Private Equity Firm

The deal, for $1.62 billion, will put control of a cultural touchstone in the hands of a financial buyer.