While tariff -powered instability has raised concerns about limited exit opportunities, top KKR officials said its global steps and asset mix had put it in a better position than expected.
The company can forward the sale of wealth in Asia and Europe, where the impact is in the U.S. Said co-CEO Scott Natal, said less intense than.
If companies turn to debt in the midst of upheaval in the equity market, KKR is still going to get its credit investment, he said.
The results reflect the structural benefits organized by large alternative asset managers, whose diverse portfolio allows them to rely on elastic segments when others face pressure.
According to an estimate compiled by LSEG, KKR’s adjusted net income was $ 1.03 billion for the three months ended on March 31.
Fees -related earnings, the main source of stability during market volatility, increased 23% to $ 822.6 million. Property under management rose 15% to $ 64 664 billion, helping Billion through a new capital of $ 31 billion.
The stock has risen by about 2% to 116.31d. Compared to the 5% drop in the S&P 500 index, they are down 23% this year.
Rivists Blackstone, Apollo Global and Carlay have reduced 23.6%, 17.4%and 23.5%respectively.
Retail area
KKR retail investors are intensifying their focus. Earlier this week, the company, with the Capital Group, launched two funds with a low fee and minimum investment threshold, to help retail investors access the mix of public and private credit.
“The opportunity is immense. There are many more incoming attractions,” Nuttal said that the company invents similar products in private equity, real estate and structural spaces.
A growing number of asset managers has been sought to tap a large pool of retail investors, a segment that has so far been greatly excluded from alternative assets.
Peer Blackstones have the results of KKR weeks after the first quarter of its private equity and strength in the first quarter of credit businesses.
Apollo is ready to report on Friday, in which Carlie has scheduled for the next week.
(Now you can subscribe to our Etmarkets WhatsApp channel)
