Scott Nuttall, co-CEO of KKR & Co, announced that the company may soon start trading private credit, highlighting early efforts by Apollo Global Management to establish a market for less liquid debt. This comes at a time when private credit is gaining increased interest from investors seeking to diversify their portfolios.
KKR & Co. has announced a significant investment of <strong>$300 million</strong> in a private credit fund in collaboration with Future Standard. The investment is divided between <strong>$150 million</strong> in preferred equity and a buyout for FS KKR Capital Corp.
Reports indicate that the sale of the controlling stake in <strong>Associated British Ports</strong> has drawn initial interest from prominent investors such as <strong>KKR</strong> and <strong>Global Infrastructure Partners</strong> of <strong>BlackRock</strong>. This move comes at a time of significant changes in the global ports sector.
KKR & Co. has successfully raised approximately <strong>$23 billion</strong> for its new American buyout fund, overcoming challenges faced by private equity firms in the market. This achievement comes at a time when the industry struggles with asset sales and returning capital to investors.
KKR & Co. has announced a reduction in withdrawals from the KKR FS Income Trust, a non-traded private trust fund, following a significant increase in withdrawal requests from investors. This decision reflects the pressures the fund is facing amid current economic conditions.
KKR & Co. has announced its intention to make an acquisition offer for Japan's Taiyo Holdings, valued at approximately <strong>500 billion Japanese yen</strong>, equivalent to <strong>$3.2 billion</strong>. This move is part of KKR's strategy to enhance its investments in the Japanese market.
KKR, a global investment firm, has announced its intention to make an acquisition bid for all shares of Japanese chemical company Taiyo Holdings, valued at up to <strong>528.56 billion yen</strong>, equivalent to <strong>$3.3 billion</strong>. This offer is backed by major shareholders of the company.