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
New York, NY 10019
Founded in 1976
KKR & Co LP Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 23 15
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
Jul 23 15
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
Jul 22 15
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.