Birch Creek Energy, a utility scale solar and storage developer and independent power producer, and KKR, announced that Birch Creek has closed on a $150 million credit facility within KKR's High-Grade Asset-Based Finance (ABF) strategy via insurance...
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October 31, 2024, 07:10 AM
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Powin, a global leader in battery energy storage solutions, successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR. The facility will be instrumental in supporting Powin’s working...
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October 03, 2024, 07:57 AM
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KKR released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).In the report, McVey and his team chart the evolution of the...
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September 26, 2024, 07:47 AM
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KKR announced the final closing of KKR Ascendant Fund SCSP, a $4.6 billion fund dedicated to investing in middle market businesses in North America. Launched in 2022 as part of KKR’s Americas Private Equity platform, Ascendant is the first KKR...
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September 25, 2024, 08:15 AM
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Cahill Gordon & Reindel announced that Peter Williams will join the firm on July 15 as a partner in New York, where he will serve as Co-Head of the Private Credit practice.Williams joins from KKR Credit where he was a Managing Director on the Credit...
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July 08, 2024, 07:52 AM
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Capital Group and KKR announced an exclusive, strategic partnership to bring new ways for investors to incorporate alternative investments into their portfolios. Capital Group and KKR intend to make hybrid public-private markets investment solutions...
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May 23, 2024, 07:50 AM
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KKR and Origis Energy, a leading renewable energy and decarbonization solution platform, announced that vehicles and accounts managed by KKR’s insurance business have provided a $300 million corporate financing facility to Origis. Proceeds from the...
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May 20, 2024, 07:37 AM
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KKR released “No Turning Back,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).Based on a proprietary survey of nearly 50 Chief Investment Officers (CIOs) who collectively oversee...
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May 01, 2024, 07:43 AM
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KKR and Blackstone Real Estate Income Trust announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion.The over 10,000-bed portfolio is...
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April 25, 2024, 08:05 AM
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HarbourView Equity Partners (HarbourView) has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties. Insurance vehicles and accounts managed by KKR, a leading global...
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March 14, 2024, 07:52 AM
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KKR served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left...
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February 16, 2024, 07:51 AM
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KKR's private credit funds and accounts provided a non-recourse accounts receivable financing for Weber LLC, the global leader in outdoor cooking products, innovation, and technology, to support the company’s operations and strategic investments in...
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January 22, 2024, 08:03 AM
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KKR announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank, part of BMO Financial Group (“BMO”). Concurrently with the sale, BMO...
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December 18, 2023, 07:58 AM
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KKR announced the final closing of KKR Global Impact Fund II (“GIF II” or the “Fund”), a $2.8 billion fund dedicated to investing in companies whose products and services contribute measurable progress toward the United Nations Sustainable...
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November 06, 2023, 08:00 AM
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Paramount Global and KKR announced the signing of a definitive agreement pursuant to which KKR will acquire Simon & Schuster for $1.62 billion in an all-cash transaction."We are pleased to have reached an agreement on a transaction that delivers...
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August 08, 2023, 08:00 AM
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Freeman, a global leader in events, has acquired Sparks, a global brand experience agency. Terms of the transaction were not disclosed. Financing for the transaction was provided by KKR primarily through KKR Opportunities Fund II and funds and...
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August 02, 2023, 07:38 AM
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Bausch Health Companies, a global diversified pharmaceutical company, and KKR announced that Bausch Receivables Funding LP, an Ontario limited partnership and wholly-owned subsidiary of Bausch Health, entered into a $600 million non-recourse...
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July 10, 2023, 08:00 AM
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CVC Credit provided junior loan facilities to support the refinancing of Optiv, a leading US cybersecurity consultancy and managed security services, controlled by KKR. Headquartered in Denver, US, Optiv is a market-leading provider of end-to-end...
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June 01, 2023, 07:07 AM
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KKR named Dan Pietrzak as Global Head of Private Credit. Most recently, Pietrzak served as Co-Head of Private Credit with Matthieu Boulanger, who is leaving to pursue other opportunities.“As traditional lenders pull back, scaled private credit...
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May 22, 2023, 08:00 AM
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KKR and Altavair L.P., a leader in commercial aviation finance, announced that KKR is making an additional $1.15 billion commitment to expand its global portfolio of leased commercial aircraft in partnership with Altavair. The investment will come...
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January 12, 2023, 07:54 AM
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KKR announced the release of Regime Change: The Benefits of Private Credit in the ‘Traditional’ Portfolio by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA) and Racim Allouani, Head of Portfolio...
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December 14, 2022, 07:05 AM
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KKR announced the final close of KKR Asset-Based Finance Partners (“ABFP” or the “Fund”), KKR’s first fund dedicated to asset-based finance investments “ABF.” The approximately $2.1 billion fund will commit capital globally to privately originated...
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July 13, 2022, 08:05 AM
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KKR announced that it is partnering with Andrew K. “Andy” Silvernail, the former Chairman and CEO of Madison Industries and IDEX Corporation, to pursue new acquisition opportunities.
Silvernail will work alongside KKR as an Executive Advisor to...
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June 21, 2022, 08:02 AM
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KKR announced the final closing of KKR North America Fund XIII (“NAX3” or the “Fund”), an over-subscribed $19 billion fund focused on pursuing opportunistic private equity investments in North America. KKR will be investing $2.0 billion of capital in...
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April 25, 2022, 08:02 AM
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KKR appointed Lindsey Wright as Managing Director and Head of Investment Services for the firm’s real estate credit business in the United States.In the newly created role, Ms. Wright leads the development of a dedicated services platform to support...
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March 14, 2022, 07:50 AM
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KKR Real Estate Finance Trust announced the closing of KREF 2022-FL3, a $1.0 billion managed Commercial Real Estate Collateralized Loan Obligation (“FL3 CRE CLO”) on February 10, 2022. The FL3 CRE CLO finances two mortgage loans and 14 pari passu...
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February 22, 2022, 07:03 AM
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Bowery Farming, the largest vertical farming company in the United States, secured a $150 million credit facility led by private credit accounts managed by KKR, a leading global investment firm.This independent, third-party funding will accelerate...
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January 13, 2022, 07:36 AM
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KKR announced the launch of Stellar Renewable Power (“Stellar”), a new platform that will source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source...
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December 10, 2021, 07:29 AM
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KKR announced that KKR Real Estate Select Trust Inc. (“KREST”) has expanded its industrial real estate portfolio with two new acquisitions, including KREST’s first international investment. In separate transactions with two different sellers, KREST...
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November 08, 2021, 07:09 AM
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KKR & Co. announced that Joe Bae and Scott Nuttall have been appointed Co-Chief Executive Officers, and Co-Founders Henry Kravis and George Roberts will remain actively involved as Executive Co-Chairmen of KKR’s Board of Directors. The leadership...
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October 11, 2021, 08:00 AM
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KKR announced the final closing of KKR Real Estate Partners Americas III (“REPA III” or the “Fund”), a $4.3 billion fund dedicated to opportunistic real estate investments primarily in the U.S. In conjunction with dedicated funds raised in Asia and...
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October 04, 2021, 08:10 AM
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KKR and Cornerstone Companies announced that Cornerstone and KKR have entered into a joint venture to acquire and develop a portfolio of diversified healthcare properties across the United States. KKR and Cornerstone have seeded the portfolio with...
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September 16, 2021, 07:54 AM
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KKR has agreed to invest $40 million in preferred equity in Jet Edge International (“Jet Edge” or the “Company”), an Ohio-based global leader in full-service private aviation responsible for operating the largest fleet of Challenger and Gulfstream...
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September 10, 2021, 07:10 AM
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KKR announced the formation of Strategic Lease Partners (“SLP”), a new platform to invest in a diversified portfolio of triple-net lease (NNN) real estate. KKR’s investment, primarily from its credit and real estate funds, will position the platform...
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August 26, 2021, 07:52 AM
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KKR released its 2021 mid-year outlook piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation. In his latest Insights piece, McVey delves into a key question on investors’ minds: Will the post-pandemic economy...
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July 22, 2021, 07:51 AM
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KKR announced the appointments of Giacomo Picco and Stephanie Yeh as Managing Directors on the firm’s global private credit team based in New York. The new hires deepen KKR’s capabilities and reach within its private asset-based finance (“ABF”)...
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July 02, 2021, 08:05 AM
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KKR announced the launch of AV AirFinance Limited, a global commercial aviation loan servicer established by a team of experienced industry professionals together with KKR. The new secured loan servicing platform combines stable, long-term capital...
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June 14, 2021, 07:12 AM
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CIT Group is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50 loans for approximately 60 commercial...
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June 11, 2021, 08:09 AM
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Jet Edge International, a global leader in full-service private aviation responsible for operating the largest fleet of managed Challenger and Gulfstream aircraft in the United States, and KKR, a leading global investment firm, announced that credit...
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June 09, 2021, 07:43 AM
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Macquarie Infrastructure Corporation and KKR announced the signing of a definitive agreement for MIC to sell its Atlantic Aviation business to KKR for $4.475 billion in cash and assumed debt and reorganization obligations. Atlantic Aviation operates...
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June 07, 2021, 08:05 AM
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KKR announced the launch of KKR Real Estate Select Trust Inc. (“KREST” or the “Fund”), a continuously offered, registered closed-end fund. KREST intends to invest primarily in thematically-driven, income-generating commercial real estate, prime...
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May 20, 2021, 07:33 AM
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KKR signed an agreement to acquire a majority position in ERM, the world’s largest pure-play sustainability consultancy. KKR will acquire its position in the company from OMERS Private Equity and Alberta Investment Management Corporation (AIMCo)...
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May 17, 2021, 06:00 AM
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KKR announced three appointments to the firm’s Global Infrastructure team. Energy transition industry veterans Tim Short and Benoit Allehaut joined the firm as Managing Directors and Benjamin Droz as a Principal. Based in New York, Messrs. Short...
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April 12, 2021, 07:43 AM
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KKR announced the appointments of two Managing Directors in the firm’s global private credit team who will focus on sourcing investment opportunities in the specialty lending and private asset-based finance (“ABF”) markets. Jim Lees and Vaibhav...
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March 31, 2021, 08:05 AM
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KKR, a leading global investment firm, announced the final closing of KKR Global Impact Fund SCSp, a $1.3 billion fund dedicated to investment opportunities in companies whose core business models provide commercial solutions to an environmental or...
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February 12, 2020, 09:00 AM
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Aimmune Therapeutics, Inc., a biopharmaceutical company developing treatments for potentially life-threatening food allergies, announced that it has entered into a $170 million loan agreement with an affiliate of KKR, a leading global investment firm...
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January 07, 2019, 07:20 AM
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KKR, a global investment firm, and Altavair AirFinance, a commercial aviation finance company, announced that the two firms have entered into an agreement to form a long-term partnership to pursue the creation of a leading, global portfolio of leased...
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January 03, 2019, 08:18 AM
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FS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit Advisors (US) LLC, announced that the merger of FS Investment Corporation ( and Corporate Capital Trust, Inc. has closed, creating the second-largest publicly traded...
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December 20, 2018, 07:30 AM
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Clarify Health Solutions, Inc., a provider of real-time care guidance technology, announced that it has closed $57 million in a Series B financing round led by KKR, a global investment firm. Building upon the Company’s rapid customer expansion in...
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September 11, 2018, 07:08 AM
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FS Investments and KKR announced the closing of their previously announced transaction to create the market's largest business development company (BDC) platform, with $18 billion in combined assets under management.
A new partnership, FS/KKR...
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April 09, 2018, 08:00 AM
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FS Investments, an alternative investment manager, and KKR, a global investment firm, announced that they have entered into an agreement to create the largest business development company (BDC) platform, with $18 billion in combined assets under...
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December 11, 2017, 08:00 AM
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WebMD Health Corp. and Internet Brands, a KKR portfolio company, announced that Internet Brands has entered into a definitive agreement to acquire WebMD in a transaction valued at approximately $2.8 billion. Under the terms of the agreement, a...
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July 26, 2017, 02:30 PM
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Victory Park Capital (VPC), an asset management firm focused on middle-market debt and equity investments, and KKR, a leading global investment firm, announced today the $175 million asset-backed securitization of unsecured consumer loans originated...
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November 20, 2015, 07:45 AM
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Bloomberg reported KKR & Co. and Apollo Global Management are seeking to acquire GE's inventory finance arm, a unit with $11 billion in assets people familiar with the matter said.According to Bloomberg, the buyout firms made bids two weeks ago for...
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September 14, 2015, 07:28 AM
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Ares Management and GE Capital announced that the European Loan Programme (ELP), a €3.0 billion joint venture between affiliates of the two global institutions that provides senior secured loans to upper middle market corporate borrowers has...
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March 23, 2015, 07:25 AM
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On Dec. 12, Bloomberg reported Caesars Entertainment Corp. highest-ranked lenders spurned the casino company’s efforts to restructure its most indebted unit, imperiling tentative agreements reached over three months of talks with a broader group of...
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December 15, 2014, 07:35 AM
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KKR and Preferred Sands, one of North America’s largest producers of sand and resin coated proppants, today announced the signing of definitive agreements under which KKR, in conjunction with Jefferies LLC, has committed to provide a comprehensive...
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July 28, 2014, 07:08 AM
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