KKR Beats Analyst Estimates as Fees Offset Slowdown in Exits

KKR & Co.’s earnings benefited from an uptick in management fees, even as exits from traditional investments have slowed, as the firm continues to push into key growth areas.

The alternative asset manager reported second-quarter profit that beat analyst expectations due to fee-related earnings that increased 17%, year-over-year, to $887 million, according to a statement Thursday.