Financial Data and Key Metrics Changes - The quarter reported record fundraising, deployment, and monetization activity, with fee-related earnings per share at $0.53 and after-tax distributable earnings per share at $1.05, both record figures for the company [3][14] - Management fees increased over 40% year-over-year to $480 million, contributing to a 68% increase in fee-related earnings [3][11] - Assets under management (AUM) reached $429 billion, up over 90% year-over-year and up 17% since the last quarter [4][10] - Book value per share is now $27.03, with net cash and investments per share increasing to $17 from $12 a year ago [4][15] Business Line Data and Key Metrics Changes - Fundraising highlights include $59 billion of new capital raised, with significant contributions from North America Private Equity, Global Infrastructure, and Core Private Equity strategies [5][6] - Infrastructure AUM increased to $38 billion from $14.5 billion a year ago, while Core Private Equity AUM rose to $28 billion from $12 billion [7][10] - Real estate AUM grew to $32 billion from $11 billion a year ago, indicating strong growth across various strategies [10] Market Data and Key Metrics Changes - Perpetual capital now constitutes 30% of AUM, with a new multi-asset class partnership bringing that figure to 43% [9] - The company raised $5 billion in its open-ended core infrastructure strategy, bringing AUM in that area to $7 billion [8] Company Strategy and Development Direction - The company is focused on expanding its product offerings, particularly in the retail market, and has seen significant engagement in private wealth and retail channels [18][34] - The firm is at an inflection point with multiple growth opportunities across strategies and geographies, aiming to continue growing AUM, revenues, and profits [19][20] - The integration of Global Atlantic is proceeding well, with expectations for continued organic growth alongside new blocks [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in exceeding previous fundraising expectations and highlighted the quality of capital raised, with 98% having a contractual life of over eight years [17][24] - The firm anticipates a robust fundraising pipeline over the next 12 months, with a focus on innovative strategies to scale businesses efficiently [10][20] Other Important Information - The company reported a total realization activity of just under $1 billion for the quarter, with diversified performance across multiple funds and geographies [13][16] - The firm has $21 billion of cash and investments on its balance sheet, providing a strong foundation for future growth [9] Q&A Session Summary Question: Update on fundraising and management fees - Management noted that the fundraising exceeded expectations and they feel optimistic about achieving the $100 billion target over the next couple of years [22][24] Question: Overlap between core PE and opportunistic funds - Management indicated that there is limited overlap between core and opportunistic funds, allowing for an expanded investor base [25][28] Question: Future FRE margin and dividend policy - Management expects to see margin expansion over time, aiming for mid-60s margins, and plans to evaluate dividend policy annually with expectations for modest increases [72][74] Question: Regular flow from Global Atlantic - Management estimated an annual flow of $8 billion to $10 billion from Global Atlantic, excluding block activity, with additional growth opportunities in institutional business [63][66] Question: Deployment and realizations off the balance sheet - Deployment was $800 million off the balance sheet, with realizations at approximately $900 million for the quarter [76][77]

KKR & Co. Inc. (NYSE:KKR) Q1 2021 Earnings Conference Call May 4, 2021 10:00 AM ET Company Participants Craig Larson - Head, Investor Relations Scott Nuttall - Co-President and Co-COO Rob Lewin - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Alex Blostein - Goldman Sachs Craig Siegenthaler - Credit Suisse Devin Ryan - JMP Securities Mike Carrier - Bank of America Chris Harris - Wells Fargo Gerry O’Hara - Jefferies Michael Cyprus - Morgan Stanley Robert Lee - KBW Operator L ...

KKR & Co. Inc. (NYSE:KKR) Q4 2020 Earnings Conference Call February 9, 2021 10:00 AM ET Company Participants Craig Larson - Head, Investor Relations Scott Nuttall - Co-President and Co-COO Rob Lewin - Chief Financial Officer Conference Call Participants Bill Katz - Citigroup Glenn Schorr - Evercore ISI Alex Blostein - Goldman Sachs Gerry O’Hara - Jefferies Patrick Davitt - Autonomous Research Craig Siegenthaler - Credit Suisse Devin Ryan - JMP Securities Jeremy Campbell - Barclays Mike Carrier - Bank of Ame ...

Summary of KKR & Co. Inc. Conference Call Company Overview - **Company**: KKR & Co. Inc. (NYSE: KKR) - **Event**: Goldman Sachs U.S. Financial Services Conference - **Date**: December 8, 2020 - **Participants**: Scott Nuttall (Co-President and Co-COO), Alex Blostein (Goldman Sachs) Key Points Industry Performance - KKR has achieved an industry-leading investment performance with private equity returns exceeding 25% over the trailing 12 months despite market dislocations [2][6] - The financial services industry is growing at approximately 12% annually, while KKR's growth rate is around 17% [3][17] Financial Model - KKR's financial model includes third-party AUM, capital markets business, and a balance sheet, providing multiple revenue streams and resilience [4][15] - KKR executives own about 35% of the shares, aligning their interests with shareholders [4] Growth Opportunities - 18 out of 24 investing businesses have been established in the last 10 years, with potential for significant scaling [4] - The acquisition of Global Atlantic is expected to enhance KKR's presence in the insurance sector and add substantial AUM [5][19] Investment Performance - Private equity flagship funds increased by 27%, infrastructure by 19%, and opportunistic real estate strategies by 10% over the last 12 months [7] - KKR has strategically avoided sectors negatively impacted by COVID-19, such as hotels and retail, while being overweight in technology and digital commerce [9] Deployment and Fundraising - KKR is on track for record deployment and fundraising, with $45 billion deployed year-to-date, split between credit and private markets [12] - Fundraising has reached $32 billion year-to-date, with significant contributions from Asia [14] Resilience of Business Model - KKR's model has shown resilience during market disruptions, with management fee growth at 13% and distributable operating earnings growth at 9% [15][16] - The firm has maintained and even increased its margins during challenging times [16] Future Outlook - KKR anticipates significant growth in AUM, projected to exceed $300 billion post-Global Atlantic acquisition [17][19] - Management fees are expected to increase by 50% over the next three years, bolstered by the Global Atlantic acquisition [18] Insurance Sector Insights - Global Atlantic is expected to significantly contribute to KKR's earnings and AUM, with a focus on annuities and reinsurance opportunities [36][38] - The partnership with Global Atlantic is performing ahead of expectations, with additional transactions announced since the acquisition [37] Capital Management Strategy - KKR has a robust pipeline for monetization, with record amounts of accrued carry and embedded balance sheet gains [46][48] - The firm plans to continue share buybacks and manage capital returns effectively, reflecting a shareholder-oriented approach [50][53] Reporting Structure Changes - KKR is considering restructuring its reporting to better reflect the integration of Global Atlantic and its impact on the overall business model [41][44] Additional Insights - KKR's strategic focus on thematic investments and leveraging its extensive network has positioned it well for future growth [30] - The firm is optimistic about its fundraising outlook, driven by strong investment performance and deployment strategies [29] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting KKR's robust performance and future growth potential in the financial services industry.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the Transition period from to . Commission File Number 001-34820 KKR & CO. INC. (Exact name of Registrant as specified in its charter) Delaware 26-0426107 (State or other Jurisdiction of Inc ...