KKR & Co
KKR & Co, founded in 1976, is a global investment firm offering asset management, capital markets, and insurance solutions, managing significant investments across private equity, credit, infrastructure, and real estate.
Company History
KKR & Co was founded in 1976. Originally established as a private equity firm, the company has evolved significantly over the decades. In 2013, KKR launched the KKR Global Institute to provide insights on geopolitical issues and global trends. The company converted from a limited partnership to a corporation in 2018, reflecting its growth and structural evolution. Over the years, KKR has built a substantial portfolio and strategic partnerships, including Global Atlantic Financial Group, Marshall Wace, and Catalio Capital Management, LP.
Services
KKR & Co offers a comprehensive range of financial services, including asset management, capital markets, and insurance solutions on a global scale. The firm invests in various asset classes such as private equity, infrastructure, real estate, credit, and insurance. Additionally, KKR has a full-service capital markets business and a dedicated team focused on Global Wealth Solutions. The company's Capstone team collaborates with investment and company management teams to enhance operational efficiencies.
Global Investments
KKR & Co manages investments across private markets, including senior debt, junior debt, and asset-based finance. As of March 31, 2024, the firm had $183 billion in private equity, $260 billion in credit, $61 billion in infrastructure, and $71 billion in real estate. In addition to these figures, KKR invested $25 billion in its own funds and portfolio companies alongside its clients as of December 31, 2023. The firm actively invests in Skydance Media, Crescent Energy, and other companies while forming strategic partnerships with Loop Capital and Telefonica in Colombia.
Sustainability Initiatives
KKR & Co has demonstrated a strong commitment to sustainability. Since 2010, the company has invested $40 billion in sustainability-focused investments. The firm established a Sustainability Expert Advisory Council (SEAC) to provide advisory support on these investments. Furthermore, KKR launched a $50 million relief effort in 2020 aimed at supporting nonprofits, small businesses, and social entrepreneurs. The firm also maintains various environmental certifications, including LEED Gold certifications for its offices in Seoul, Shanghai, and New York.
Employee and Community Programs
KKR & Co promotes a robust employee and community support system, featuring a broad-based employee ownership program and eight employee resource groups (ERGs) to enhance collaboration and community across the firm. Employees are offered 40 hours a year of paid volunteer time to support nonprofits. The company’s strategic philanthropy program provides support for small businesses and social enterprises. KKR has been recognized as one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign for seven consecutive years.