KKR Expects $500 Million in Exits This Quarter Amid Deal Pickup

  • Firm’s CO-CEO Scott Nuttall said the deal market is back
  • Alternative asset manager’s earnings beat analysts’ estimates
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KKR & Co. executives said they expect deal-making for private equity to continue to improve in the second half of the year as markets reopen.

“The macro, inflation and rates backdrop has improved, markets are open — and the deal market is back,” Co-Chief Executive Officer Scott Nuttall said on a call with analysts Wednesday after reporting its second-quarter results.