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KKR Spends Big and Fast to Avoid Mistakes of 2008 Crisis

  • U.S. firm comfortably outspends rivals amid virus panic
  • KKR writes bigger equity checks as pandemic hits financing
Updated on

When Covid-19 hit the world economy, KKR & Co.’s management jumped on calls and quickly agreed they’d seen this movie before.

The plot contained a massive market dislocation, financing shutdown and uncertain future for company earnings. That was during the great financial crisis, which KKR could have played better, according to Johannes Huth, its top dealmaker in Europe.