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KKR
Latest Headlines
Latest Headlines
Blockbuster Texas energy deal struggling
Recall that in October 2007, just as the financial bubble was reaching its zenith, the energy company TXU--now known as Energy Future Holdings--was bought out by a consortium of private equity firms, led by KKR, Texas Pacific Group and Goldman Sachs.
At the time, the deal was hailed as one of
KKR mints energy billionaires
Not every corner of the private equity business is slow.
The energy business has been very good to Kohlberg Kravis Roberts (KKR) and the entrepreneurs who have aligned with it. Shale rock has been a once-in-a-lifetime opportunity that has turned into a gold mine for owners, even as people comp
KKR's Kravis on the deal environment
It's no secret that the private equity industry has stumbled as of late.
The Golden Era, when the likes of Henry Kravis and Steve Schwarzman were near-heroes in New York, has long passed. The financial crisis has ushered in a period of highs costs and near-impossible exits. That situation seem
How can private equity regain its luster?
The private equity business stands at a crossroads as the industry pioneers eye retirement and the need to go public, as the top firms struggle to diversify, and as returns to limited partners continue to flag.
The Golden Era has passed. What does the future hold?
There are lots of opinio
Club deals suit gathers steam
The heyday of the private equity industry has long passed. But the era of blockbuster deals--too big for single firms--lives on in the courts. And the premier private equity funds were dealt a blow by a recent court decision that expands an antitrust lawsuit against private equity firms that engag
Elevator outage hits private equity firms
Would it surprise you to learn that some of the top private equity firms actually toil out of the same office building? Turns out the likes of KKR, Apollo Global Management, Providence Equity Partners and Silver Lake partners ply their trade from 9 West 57 th Street.
More private equity fir
Citadel to shut down investment bank operations
There was time not so long ago when the alternative asset managers seemed liked they were poised to compete with Wall Street's top broker dealers. Flush with massive profits and hubris, various private equity firms like KKR and hedge fund-oriented firms like Citadel boldly proclaimed their intenti
KKR posts negative earnings surprise, Blackstone Group fares better
KKR disappointed the markets with weak second-quarter "economic net income" of $315.0 million versus $433.1 million a year ago. After-tax economic net income was $0.36, compared with the average analysts' prediction of 40 cent per share. The stock sold off in response. Economic net income is
Google bets on KKR's First Data
Google's initial partners in its digital wallet gambit, such as trusted service partner First Data, are being given an interesting opportunity. The KKR-owned company will be performing "a process
The future of KKR: Diversification
There was a day when Kohlberg Kravis Roberts & Co. was the unquestioned king of the private equity hill. These days, it's much harder to make the claim. It's still a powerhouse, but as it eyes the future, there's a bit irony in this: its future may depend on businesses other than leveraged buy
