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KKR reports AUM increase of 7.8% for quarter, 15% for year


KKR reports AUM increase of 7.8% for quarter, 15% for year
Henry R. Kravis, co-chairman, co-CEO and co-founder of KKR
KKR & Co. reported $251.7 billion in assets under management as of Dec. 31, up 7.8% from three months earlier and up 15% from a year earlier.
We had the most active fundraising and deployment year in our history, said Henry R. Kravis and George R. Roberts, co-chairmen and co-CEOs, in a news release on Monday.
KKR raised $43.8 billion in 2020, including $11.6 billion in the quarter ended Dec. 31. Most of the capital was raised by its private markets business, specifically for real assets, growth equity and leveraged credit strategies. KKR s private markets business raised $28 billion in the year and $7.8 billion in the quarter ended Dec. 31. KKR s public markets business raised $15.8 billion in all of 2020 and $3.8 billion in the fourth quarter. ....

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