KKR’s belongings underneath administration throughout credit score and liquid methods elevated by 9 per cent year-on-year to $283.6bn (£212.9bn) to the shut of the primary quarter of 2025.
The agency stated that this determine was composed of $129bn of leveraged credit score, $74bn of asset-based finance, $43bn of direct lending, $8bn of strategic investments and $30bn of liquid methods.
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Its belongings underneath administration elevated three per cent quarter on quarter. New capital raised in the course of the quarter was largely pushed by inflows at International Atlantic – an insurance coverage subsidiary of KKR – in addition to leveraged credit score SMAs, fundraising throughout opportunistic and excessive grade asset-based finance, direct lending and junior capital.
KKR invested $9bn in credit score and liquid methods within the first quarter, taking its funding over 12 months to $40bn. Its deployment over the primary quarter was principally in direct lending and excessive grade asset-based finance.
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KKR’s different credit score investments delivered returns of 11 pre cent, whereas its leveraged credit score enterprise generated returns of seven per cent in the course of the yr. Twelve per cent of KKR’s asset administration holdings are in leveraged credit score, whereas eight per cent are in different credit score.
KKR reported charge associated revenues of $1.2bn within the final 12 months, up from $1bn within the prior interval. Its realised efficiency earnings rose to $290,185 from $62,545.
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