KKR Aims To Reach $1 Trillion of Assets in Next Five Years
- Money manager anticipates doubling AUM at insurance business
- Targets at least $15 a share adjusted net income within decade
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KKR & Co. laid out a plan to scale its core businesses as it aims to reach at least $1 trillion of assets under management in five years.
The firm intends to build on its existing asset management, insurance and strategic holdings units to reach that milestone, it said in an investor presentation Wednesday ahead of its investor day in New York. KKR also seeks to generate annual adjusted net income of more than $15 a share within a decade.