KKR & Co - lukrative Beteiligungs- und Privat Equity-Geschäfte für jedermann

[sirmike [Blogger]]

Encavis-Übernahme: Mindestannahmequote überschritten

Encavis gab heute bekannt, dass 68,55 % der Aktien angedient wurden und damit die Mindestannahmequote überschritten worden sei. Damit ist das KKR-Konsortium nun Mehrheitseigentümer und kann die nächsten Schritte Richtung 'Going Private' einleiten.
https://www.boerse-frankfurt.de/nachrichten/KKR-ist-neuer-Me…

[sirmike [Blogger]]

KKR mulls Japan credit push

With Japan already the destination for about 40% of its investment activity in Asia, private investment major KKR & Co is now weighing up a move into the country’s private credit market, according to a report by Bloomberg.

The report quotes Hiro Hirano, Head of KKR Japan, in an interview: “It will be a medium to long-term initiative. I think it is very important in Japan that we do it ourselves.”

While the private credit industry has in the US and Europe has swelled to around $1.7tn — with lenders focusing on companies with high credit risk and private equity funds that need help financing acquisitions — in Japan, most direct lending has been conducted overseas and the domestic loan market is dominated by major banks.

The firm sees Japanese companies as being increasingly willing to sell non-core businesses that can do better as individual entities in carve-outs that often provide higher returns than other investments.
https://www.privateequitywire.co.uk/kkr-mulls-japan-credit-p…


Meine Einschätzung: KKR ist in Asien stark, vor allem in Japan (während Blackstone traditionell sein Schwergewicht in China hat). Seit Buffett 2020 fett in Japan eingestiegen ist, reden alle davon, wie attraktiv der Markt dort wieder ist/wird. KKR ist schon länger dort aktiv und fährt bereits Ernten ein. Nun verstärkt man seine ohnehin starke Basis dort noch mit Private Credit. Gefällt mir...

[AkibaBC]

https://www.marketscreener.com/quote/stock/TELECOM-ITALIA-S-…

"BRÜSSEL, 30. Mai (Reuters) - Die EU-Kartellbehörden haben am Donnerstag der Übernahme des Festnetzes von Telecom Italia (TIM) durch die US-Investmentfirma KKR im Wert von 22 Milliarden Euro (24 Milliarden Dollar) vorbehaltlos zugestimmt."

[sirmike [Blogger]]

Earnings Quickcheck Q1/2024: Apollo, Blackstone und KKR punkten im Billionenrennen
https://www.wallstreet-online.de/nachricht/18138470-earnings…

[sirmike [Blogger]]

Strategische Partnerschaft mit Capital Group Inc.

KKR & Co. has entered into a strategic partnership with Capital Group to augment alternative investment solutions for client portfolios. This move aims to make hybrid public-private market investment solutions available to investors across asset classes, channels and geographies.

The first two strategies are anticipated to be launched in the United States next year, incorporating public-private fixed-income offerings designed for finance professionals as well as for their clients. While the alternatives are accessible to high-net-worth individuals and accredited investors, mass affluent investors (constituting more than 40% of the global wealth market) have been deprived of this asset class. This strategic initiative paves the way for many finance professionals and their clients to access alternative investments and include them in their portfolios.

Mike Gitlin, president and CEO of Capital Group, said, “KKR is a leading and respected alternative asset manager with over $500 billion in assets, with a proven track record managing over $200 billion in credit. We believe combining our respective areas of expertise in strategies that are more liquid than standalone private credit can help our clients achieve their goals.”

“We will bring the strategies of a premium alternatives manager to our clients with a compelling fee and greater accessibility. Clients should think of this as 'the best of both worlds' – a hybrid investment solution that combines Capital's active management and long-term investment approach with KKR's private market expertise,” Gitlin added.

Global assets in alternatives have witnessed substantial growth over the last 20 years. The individual wealth invested in the asset class is projected to rise 12% annually over the next decade.

Eric Mogelof, partner and head of Global Client Solutions at KKR, said, “We are pleased with the momentum and growth that we've seen in our private wealth business and believe these new hybrid solutions will be a strong complement to our existing platform and offer a compelling way to bring the benefits of alternatives to an even wider audience of investors across wealth and retirement who may not have had access to them historically.”

This move aligns with KKR’s enhanced focus on alternative investment classes to deepen its market presence.

KKR has been engaged in expansionary initiatives in order to boost its client base as well as enhance its asset class offerings. This March, the company was part of a consortium to purchase GreenSky, a home-improvement lending platform from Goldman. In October 2023, the company announced expansion plans in India, with a new office launch in Gurugram.
https://www.zacks.com/stock/news/2278798/kkr-enters-into-str…


Diese strategische Partnerschaft mit der Capital Group zeigt, wie erfindungsreich KKR ist. Die Capital Group Inc. ist ein 1932 gegründetes US-Finanzdienstleistungsunternehmen, das inzwischen über 2,6 Billionen USD an Vermögenswerten verwaltet - und damit etwa fünfmal so viel wie KKR. Die neue strategische Partnerschaft wird "hypbride Lösungen" für Capital Group-Mandanten auflegen, die ihnen die bisher verschlossene Welt der alternativen Assetklassen unter der Regie von KKR öffnet. Diese Allianz ist für KKR kein Game Changer, aber sie dürfte den ohnehin starken Wachstumskurs mittelfristig zusätzlich antreiben. Und dass die renommierte Capital Group ausgerechnet KKR als strategischen Partner ausgewählt hat, spricht für deren Erfolgsbilanz und das inzwischen erarbeitete Renommee. Einfach klasse!

Für mich ist und bleibt KKR ein Must-have-Investment - und ist aus diesem Grund auch meine größte Depotposition.

[AkibaBC]

https://seekingalpha.com/news/4107769-kkr-backed-onestream-c…

"Das von KKR & Co. ( NYSE: KKR ) unterstützte Softwareunternehmen OneStream hat vertraulich einen Börsengang in den USA beantragt, der innerhalb weniger Monate erfolgen könnte.
Das Softwareunternehmen beantragte bei der US-Börsenaufsichtsbehörde Securities and Exchange Commission einen Börsengang, der das Unternehmen mit bis zu 6 Milliarden US-Dollar bewerten könnte, wie aus einem Bloomberg-Bericht vom Donnerstag hervorgeht, in dem bekannte Personen zitiert wurden. OneStream arbeitet mit Underwritern wie Morgan Stanley, JPMorgan und Citi zusammen.
Im Jahr 2021 sammelte OneStream eine Serie-B-Finanzierung in Höhe von 200 Millionen US-Dollar ein , was einer damaligen Bewertung von 6 Milliarden US-Dollar entspricht. OneStream bietet eine Finanzplattform, die die Komplexität von Finanzoperationen reduzieren soll.

[AkibaBC]

https://seekingalpha.com/news/4101805-kkr-and-hasi-to-invest…

"KKR ( NYSE: KKR ) und Hannon Armstrong Sustainable Infrastructure Capital ( NYSE: HASI ) gaben am Dienstag eine Vereinbarung zur Gründung von CarbonCount Holdings 1 LLC bekannt, um zusammen bis zu 2 Milliarden US-Dollar in klimapositive Projekte in den Vereinigten Staaten zu investieren."

[sirmike [Blogger]]

KKR goes Australia

Perpetual confirms breakup with KKR

In a statement to the ASX on Wednesday morning, Perpetual said it had agreed to a deal with KKR & Co. for the sale of its wealth management and corporate trust units for A$2.175 billion (US$1.43 billion). The Sydney-based company, which has more than A$200 billion in funds under management, has entered into a cash deal with KKR.

Perpetual CEO Rob Adams will retire following the deal’s completion, the company said. Perpetual said its board unanimously recommended shareholders back the scheme in the absence of any superior proposal and noted that an independent expert had concluded that it was in their best interests.

The deal will make the company "a leaner, debt-free, global, multi-boutique asset management firm managing A$227 billion in assets under management," Perpetual said in the statement to the ASX.

The funds raised from the transaction, including the separation of its two units, will be used by Perpetual to pay down its debt, along with funding the separation and transaction costs.

https://www.finnewsnetwork.com.au/archives/finance_news_netw…

[sirmike [Blogger]]

Auch KKR goes Immobilien/REITs...

Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it has entered into a strategic joint venture (JV) relationship with KKR to jointly own and invest in quality medical outpatient buildings. Healthcare Realty expects to receive approximately $300 million in proceeds for the contribution of a seed portfolio to the JV and will partner with KKR to explore additional acquisitions, including the potential contribution of more Healthcare Realty properties to the JV.

Under the terms of the agreement, Healthcare Realty will contribute 12 of its existing properties to seed the JV at a value of $382.5 million, representing a cap rate of approximately 6.6%. KKR will make an equity contribution to the JV equal to 80% of the value of the properties. Healthcare Realty will retain a 20% interest and will manage the JV, as well as continue to oversee day-to-day operations and leasing of the properties. KKR has also committed up to $600 million to the JV to pursue additional acquisitions or contributions of high-quality stabilized assets that are a match for its long-term capital base. (...)

https://www.globenewswire.com/news-release/2024/05/06/287566…

Wie sagte Baron Rotschild so treffend? "Kaufen, wenn die Kanonen donnern". Im übertragenen Sinne donnert es im Immobiliensektor gerade gewaltig und KKR investiert hier fleißig (wie auch Blackstone und Apollo), während andere verkaufen müssen und/oder Geldbedarf haben. Gefällt mir.

[sirmike [Blogger]]

Antwort auf Beitrag Nr.: 75.721.680 von hoffmann69 am 02.05.24 20:47:41

Willkommen an Bord. Ich drücke uns beiden die Daumen für unser Investment.

In Fonds oder ETFs investiere ich nicht, ich bin immer und nur in Aktien engagiert (abgesehen von einem alten VL-Sparplan, den ich immer noch monatlich anfüttere).