KKR’s New Financial Magic Started at Goldman
Why Global Atlantic matters. Plus: Microsoft’s uneasy partnership with OpenAI.
Scott Nuttall, co-president and co-chief operating officer of KKR & Co.
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This is a story in the buyout industry that’s been more than a decade in the making. In 2004, Goldman Sachs Group Inc. started an insurance company called Global Atlantic, but the bank mostly separated from it in 2013 in the wake of the 2008 financial crisis. The insurer’s assets then stood at about $15 billion.