KKR(KKR)
Search documents
KKR-backed Serentica may raise up to $8 bln for India green energy expansion
Reuters· 2025-11-27 07:35
Core Insights - Serentica Renewables plans to raise between $6 billion and $8 billion over the next five years to fund acquisitions and build projects aimed at more than doubling its clean energy capacity [1] Company Summary - The company is focused on expanding its clean energy initiatives through significant capital investment [1] - The planned fundraising will support both acquisitions and the development of new projects [1] Industry Context - The clean energy sector is experiencing growth, with companies like Serentica Renewables seeking substantial investments to enhance their operational capacity [1]
KKR出资11亿新元收购新加坡电信数据中心部门20%股权
Xin Lang Ke Ji· 2025-11-26 08:44
北京时间9月18日,新加坡电信有限公司声明,私募股权投资机构KKR管理的一只基金将出资11亿新元 现金,用于收购新加坡电信区域数据中心业务20%的股份。该交易预计将于今年第四季度完成。 在2024年3月31日截止的财政年度内,该交易预计不会对新加坡电信产生实质影响。 这笔资金将用于加速扩展在新加坡、印度尼西亚和泰国等东盟市场的区域数据中心业务,同时探索马来 西亚等其他市场。 按照预先商定的估值,KKR有权到2027年将股份增加到25%。这笔投资带动新加坡电信整个区域数据中 心业务的企业价值提升到55亿新元。 ...
PSP infuses ₹1,760 cr into KKR-backed Lighthouse Learning
The Economic Times· 2025-11-25 19:04
Core Insights - KKR has invested ₹2,000 crore in Lighthouse Learning since 2019 to support its growth, acquiring a controlling stake in EuroKids for approximately ₹1,500 crore [1][10] - Canadian pension fund PSP Investments is investing around ₹1,760 crore ($200 million) for a minority stake in Lighthouse Learning as part of a fund-to-fund transfer [9][10] - Lighthouse Learning manages over 190,000 students daily across more than 1,850 preschools and 60 K-12 schools in India [7][10] Investment Details - KKR's Fund IV, which has a total of $15 billion, is involved in the fund-to-fund transfer, reallocating investments from its $9 billion Asia Fund III [9][10] - KKR will maintain a majority stake in Lighthouse Learning and continue to play a significant role in its growth [2][10] Company Performance - Lighthouse Learning is projected to generate ₹650 crore in EBITDA and revenues between ₹1,675 crore and ₹1,750 crore by FY26, a significant increase from ₹150 crore EBITDA in 2019 [9][10] - The company has expanded through multiple acquisitions, including Kangaroo Kids and Heritage Xperiential Schools, enhancing its presence in key metropolitan areas [8][10]
KKR Further Invests in Lighthouse Learning to Support Next Phase of Growth
Businesswire· 2025-11-25 09:32
Core Insights - KKR has made a further investment in Lighthouse Learning, maintaining a majority stake and aiming to support the company's growth phase [1][4] - Lighthouse Learning is a prominent education services provider in India, focusing on early childhood and K-12 education, with a portfolio that includes well-known brands like EuroKids and Kangaroo Kids [2][6] - The investment will facilitate the expansion of Lighthouse Learning's network of K-12 schools and preschools, enhancing its teaching and technology capabilities [4][5] Company Overview - Lighthouse Learning operates over 1,850 preschools and 60 K-12 schools, serving more than 190,000 students daily [2][6] - The company emphasizes a 'Child First' philosophy and innovative teaching methods, aiming to provide high-quality education [2][6] - Since KKR's initial investment in 2019, Lighthouse Learning has expanded its presence in major metropolitan areas such as Bangalore, Mumbai, Pune, Hyderabad, and Delhi-NCR [3] Investment Details - The latest investment is primarily sourced from KKR's Asian Fund IV and other managed capital [5] - KKR's involvement is expected to enhance operational excellence and support the mission of expanding access to quality education in India [5][6] - The partnership aims to set new benchmarks for excellence in the education sector [5]
Is KKR & Co. (KKR) the best stock to buy as Wall Street analysts watch it closely?
Yahoo Finance· 2025-11-23 15:26
Core Insights - KKR & Co. Inc. (NYSE:KKR) is under close observation by Wall Street analysts, with TD Cowen reaffirming a 'Buy' rating but lowering the price target to $146 from $153, indicating a nearly 21% upside despite near-term macroeconomic challenges [1][4] - The company is optimistic about its insurance business, projecting a return on equity (ROE) of 15% by 2028 and free cash flow (FRE) per share of at least $4.50 [2] - KKR's third-quarter results were described as a "clearing event," with management increasing its realization projection to $1 billion from $800 million, alongside record management fees and fee-related earnings [3] Financial Performance - KKR's stock has underperformed year-to-date, down over 20%, yet analysts maintain a strong Buy opinion with a consensus 1-year median price target suggesting a potential upside of 30% [4] - The company has achieved record-breaking management fees and adjusted net income over the past 12 months, indicating strong operational performance [3] Business Overview - KKR & Co. Inc. is a New York-based private equity and real estate investment firm, founded in 1976, focusing on direct and fund-of-fund investments aimed at generating strong investment returns [4]
KKR在阿布扎比开设办事处
Shang Wu Bu Wang Zhan· 2025-11-22 14:29
(原标题:KKR在阿布扎比开设办事处) ZAWYA新闻网11月19日消息,全球投资公司KKR在阿布扎比全球市场开设办事处,拓展阿联酋及 中东业务。KKR管理7200亿美元资产,中东区由大卫·彼得雷乌斯领导,阿布扎比办事处由朱利安·巴拉 特-杜负责。KKR此前已投资ADNOC天然气管道及迪拜数据中心平台,承诺50亿美元用于数据中心建 设。 ...
KKR to Present at the Goldman Sachs 2025 Financial Services Conference
Businesswire· 2025-11-21 21:15
Nov 21, 2025 4:15 PM Eastern Standard Time KKR to Present at the Goldman Sachs 2025 Financial Services Conference Share NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co- Chief Executive Officer, will present at the Goldman Sachs 2025 Financial Services Conference on Tuesday, December 9, 2025 at 8:40AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR's website at https://ir.kkr.com/events-presentations/. For those un ...
Apollo vs. KKR & Co.: Which Asset Manager Offers Better Upside Now?
ZACKS· 2025-11-17 16:36
Core Insights - Apollo Global Management (APO) and KKR & Co. Inc. (KKR) are leading firms in the asset management sector, each with distinct business models and growth strategies that may influence their future performance [1][20] Apollo Global Management (APO) - Apollo's diversified business model supports sustainable earnings, with a compound annual growth rate (CAGR) of 7.8% in assets under management (AUM) from 2021 to 2024 [3] - The company completed the acquisition of Bridge Investment in September 2025, which is expected to nearly double its real estate AUM to over $110 billion [3][20] - Apollo's revenue expanded at a CAGR of 63.7% from 2021 to 2024, with continued growth in the first nine months of 2025 [5] - Recent acquisitions, including Argo Infrastructure Partners, enhance Apollo's capabilities in fast-growing sectors [4] - Apollo's forward price-to-earnings (P/E) ratio is 15.36X, lower than KKR's, providing a valuation advantage [15][20] - The company raised its quarterly dividend by 10.9% to 51 cents per share in May 2025, resulting in a dividend yield of 1.6% [15] KKR & Co. Inc. (KKR) - KKR's total AUM has shown a five-year CAGR of 23.9% from 2019 to 2024, with growth continuing into 2025 [6] - The firm closed a majority stake in HealthCare Royalty Partners in July 2025, adding nearly $3 billion to its AUM [6] - KKR's revenue has grown at a CAGR of 16.3% from 2019 to 2024, with ongoing growth in the first nine months of 2025 [7] - KKR announced a multi-year partnership with Sallie Mae to acquire private education loans, broadening its investment opportunities [8] - KKR's forward P/E ratio is 20.24X, indicating a higher valuation compared to Apollo [15] - The company raised its quarterly dividend by 5.6% to 19 cents per share in May 2025, resulting in a dividend yield of 0.6% [15] Comparative Analysis - Apollo is seen as having more upside potential due to its diversified model and sustained AUM momentum, while KKR's near-term upside appears limited by its higher valuation [20][21] - Both companies have shown strong growth trajectories, but Apollo's recent acquisitions and lower P/E ratio create a compelling investment case [20]
KKR's Sheldon Not Seeing Signs of Gundlach's 'Garbage Lending' Concerns
Yahoo Finance· 2025-11-17 16:16
Christopher Sheldon, KKR's co-head of credit and markets, says he disagrees with DoubleLine Capital CEO Jeffrey Gundlach, who says the next big crisis for the financial markets is private credit. Speaking on "Bloomberg Open Interest," Sheldon says he isn't seeing any signs of what Gundlach called "garbage lending" and adds that the private credit market is in good shape amid a slowing economy. ...
KKR to Buy Up to $75 Billion of PayPal's BNPL Loan Receivables in Europe
PYMNTS.com· 2025-11-17 15:53
Core Insights - PayPal and KKR have renewed their partnership, allowing KKR's credit funds to purchase PayPal's European BNPL receivables, indicating a strong collaboration in the BNPL sector [1][2][3] Group 1: Agreement Details - The new agreement includes a replenishing loan commitment of up to 6 billion euros (approximately $7 billion) for KKR to purchase up to 65 billion euros (about $75 billion) of BNPL loan receivables from PayPal in select European countries [2] - The partnership initially launched in June 2023, where PayPal sold over $43 billion worth of its European BNPL loans to KKR, with KKR acquiring future eligible BNPL loan originations [3] Group 2: Company Statements - PayPal's Chief Financial and Operating Officer, Jamie Miller, emphasized that the partnership reflects the success of their European BNPL business and supports ongoing growth in their BNPL portfolio [4] - KKR's Managing Director, Vaibhav Piplapure, noted the strength and growth of PayPal's BNPL platform in Europe, highlighting KKR's commitment to expanding its Asset-Based Finance platform [5] Group 3: Market Performance - PayPal reported a 5% year-over-year growth in international total payment volume during Q3, driven by growth in Europe, with a 4% increase in cross-border total payment volume primarily from intra-European transactions [6] - The BNPL activity in the U.K. saw an increase of nearly 20% in 2024, indicating a growing trend in the BNPL market [5] Group 4: Product Relaunch - PayPal is relaunching in the U.K. as a "unified payment experience," integrating a new loyalty program and enhancing its product offerings for British consumers [7]