KKR related stories
All articles and analysis
GIC names heads of Europe, AmericasThe Singaporean sovereign fund continues its management overhaul, appointing Lim Chow Kiat and Anthony Lim Weng Kin as respective regional heads.
- KKR Financial records $1.1bn loss for 2008
The publicly listed debt affiliate of Kohlberg Kravis Roberts has suspended its dividend to shareholders through 2009 as it tries to bolster its liquidity.
- KKR partner to stand for Jones Lang LaSalle board role
In addition to his current role at the global private equity firm, Ming Lu will stand for election at the global real estate firm’s annual meeting of shareholders next month.
- Blackstone targets $5bn for infrastructure fund
Blackstone aims to be among the infrastructure mega-funds, having put a pre-marketing target range of $3bn to $5bn on its debut infrastructure fund. Rival KKR is raising $4bn for its maiden infrastructure fund, while Macquarie is seeking $6bn for it second global infrastructure fund and €5bn for its second European infrastructure fund.
- KKR fund to charge 1% management fee, 10% carry
The private equity veteran will not apply the standard ‘2-and-20’ fee structure on its infrastructure fund, which is targeting $4bn.
- Private equity firms struggle to comply with Walker rules
Only half of the 32 participating private equity firms are in full compliance with the BVCA-backed Walker Guidelines, the first report shows. The guidelines were established in 2007 by David Walker. Participating private equity firms include The Blackstone Group, 3i and Kohlberg Kravis Roberts.
- Market timing
Despite the poor stock performance of its private equity rivals, the time may be ripe for Carlyle to go public.
- ECONOMIC CRISIS: Listed PE firms feel the heat
Listed private equity firms were walloped in last week’s brutal hammering of public markets across the globe, with some analysts wary about the volatility of the sector.
- Anglo Irish $9.65bn loan book attracts multiple bids
The Blackstone Group, Centerbridge Capital Partners, Lone Star Funds, TPG Capital, Lubert-Adler Partners, Cerberus Capital Management and Colony Capital are among the bidders to have met the 9 August first bids deadline.
- Everything must go
Anglo Irish Bank wants to offload its roughly $10 billion portfolio of US property loans in one fell swoop. Given private equity real estate’s finest are arranging themselves into bidding consortiums, the omens look good that its wish will be granted.