KKR Deployed Record $12.5 Billion as Firm Ramped Up Deals

February 8, 2021 at 10:03 PM UTC

Updated on

February 9, 2021 at 2:59 PM UTC

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KKR & Co. deployed a record $12.5 billion in the fourth quarter, finding buying opportunities in the market turbulence of the Covid-19 pandemic.

New York-based KKR also had a record fundraising for the year, taking in about $44 billion, according to a statement Monday.