Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 29, 2015 2:55 AM ET

Capital Markets

Company Overview of KKR & Co. L.P.

Company Overview

KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. The firm considers investments in all industries with a focus on technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, dig...

9 West 57th Street

Suite 4200

New York, NY 10019

United States

Founded in 1976

1,209 Employees

Phone:

212-750-8300

Key Executives for KKR & Co. L.P.

Co-Founder, Co-Chairman, Co-Chief Executive Officer, Co-Chairman of Nominating & Corporate Governance Committee , Member of Executive Committee, Member of Portfolio Management Committee, and Member of Private Equity Investment Committee
Age: 72
Total Annual Compensation: $300.0K
Co-Founder, Co-Chairman, Co-Chief Executive Officer, Co-Chairman of Nominating & Corporate Governance Committee, Member of Executive Committee, Member of Portfolio Management Committee and Member of Private Equity Investment Committee
Age: 71
Total Annual Compensation: $300.0K
Chief Financial Officer, Member, Member of Balance Sheet Committee, Member of Risk Committee and Member of Valuation Committee
Age: 52
Total Annual Compensation: $2.8M
General Counsel and Member
Age: 55
Total Annual Compensation: $2.8M
Global Chief Administrative Officer, Member and Member of Real Estate Investment Committee
Age: 49
Total Annual Compensation: $2.6M
Compensation as of Fiscal Year 2014.

KKR & Co. L.P. Key Developments

KKR & Co LP Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

KKR & Co LP reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income attributable to the firm was $376,306,000 or $0.78 per share compared to $178,215,000 or $0.43 per share a year ago. Total cash revenues were $775,393,000 compared to $1,091,818,000 in the same period last year. Income before taxes were $3,336,415,000 compared to $2,058,672,000 in the same period last year. Total EBITDA was $543,211,000 compared to $732,456,000 in the same period last year. Total distributable earnings were $491,407,000 or $0.42 per share compared to $700,973,000 or $0.67 per share a year ago. Economic net income after taxes was $746,655,000 or $0.88 per adjusted unit compared to $454,372,000 or $0.57 per adjusted unit a year ago. Economic net income was $839,944,000 compared to $501,579,000 in the same period last year. For the six months period, the company reported net income attributable to the firm was $646,813,000 or $1.35 per share compared to $388,256,000 or $1.06 per share a year ago. Total cash revenues were $1,609,235,000 compared to $1,805,883,000 in the same period last year. Income before taxes were $5,295,562,000 compared to $4,084,540,000 in the same period last year. Total EBITDA was $1,102,527,000 compared to $1,215,631,000 in the same period last year. Book value per adjusted unit as of June 30, 2015 was 12.77. Total distributable earnings were $1,007,938,000 or $0.88 per share compared to $1,147,781,000 or $1.10 per share a year ago. Return on equity and cash return on equity were 16.6% and 17.1%, respectively. Economic net income after taxes was $1,272,568,000 or $1.50 per adjusted unit compared to $1,008,692,000 or $1.32 per adjusted unit a year ago. Economic net income was $1,439,357,000 compared to $1,131,833,000 in the same period last year.

Raytheon, Thales And Others Reportedly Eye Airbus Sensor Business

Raytheon Company (NYSE:RTN) and Thales SA (ENXTPA:HO) are among companies keen to acquire the defense electronics business that of Airbus Group SE (ENXTPA:AIR), sources familiar with the transaction said. Others including Bridgepoint Advisers Limited, CVC Capital Partners Ltd, KPS Capital Partners, LP, The Carlyle Group LP (NasdaqGS:CG), KKR & Co. L.P. (NYSE:KKR) and Triton are expected to hand in tentative offers for the Airbus business by July 24, 2015, the sources said. Thesale dubbed "Orlando" is led by Evercore and is expected to fetch €1 billion, the people said. A Rheinmetall spokesman said the company was following the divestment activities of Airbus, declining to comment further.

KKR Appoints Atsushi Saito as Chairman for Japan, Effective August 1, 2015

KKR announced the appointment of Atsushi Saito, former President and CEO of the Tokyo Stock Exchange and the Japan Exchange Group, as Non-Executive Chairman of KKR Japan, effective August 1, 2015. He most recently helped to promote Japan’s public markets activity and enhance corporate governance reporting standards in his leadership roles at Japan’s exchange groups. Mr. Saito served as Group CEO, President and Representative Executive Officer of JPX from January 2013 to his retirement in June 2015. He previously served as the President and CEO of TSE from June 2007, and in August 2007 he became the first President and CEO of the Tokyo Stock Exchange Group Inc.

Similar Private Companies By Industry

Company Name Region
Berggruen Holdings, Inc., Real Estate United States
U.S. Bancorp Nessuah Zannex United States
SenaHill Partners, LP United States
P&M Corporate Finance, LLC United States
Equibond, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 23, 2015
Hanseatic Ship Asset Management GmbH
Merger/Acquisition
July 21, 2015
Gestamp Asetym Solar, S.L.
Private Placement
July 13, 2015
FanDuel, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KKR & Co. L.P., please visit www.kkr.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.