Kohlberg Kravis Roberts ( (KKR) ) has released its Q4 earnings. Here is a breakdown of the information Kohlberg Kravis Roberts presented to its investors.
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Kohlberg Kravis Roberts & Co. Inc. (KKR) is a global investment firm known for its expertise in alternative asset management, capital markets, and insurance solutions, with a focus on private equity, credit, and real assets.
In the fourth quarter of 2024, KKR experienced significant growth across key financial metrics, highlighted by a 35% year-over-year increase in total operating earnings and adjusted net income. The firm raised over $100 billion in capital and invested a record amount on behalf of its clients, marking a milestone with $1 billion in capital markets revenue.
KKR’s financial performance was robust, with fee-related earnings reaching $843 million in the quarter, a 25% increase compared to the previous year. The firm’s assets under management grew to $638 billion, up 15% year-over-year, and it made strategic investments of $1.1 billion in private equity businesses. Additionally, KKR announced an increase in its regular annualized dividend per share, reflecting confidence in its ongoing financial strength.
The company’s strategic focus on expanding its ownership in core private equity businesses and its positive financial performance suggests a promising outlook. KKR projects strategic holdings operating earnings to exceed $1.1 billion by 2030, demonstrating its commitment to long-term growth.
Looking ahead, KKR is poised to continue leveraging its diversified business model and strategic acquisitions to enhance its financial performance, with management expressing optimism about future growth opportunities.
