SEI Investments Co. (SEIC) announced the integration of investment vehicles from KKR & Co. Inc. (KKR) into its platform. This will enhance users’ accessibility to private markets. The platform is used by registered investment advisors, broker-dealers and other clients.Rationale Behind SEIC’s Strategic MoveSEIC platform’s technology integrates electronic subscription documents, proprietary firm paperwork, custodian forms and e-signature capabilities to facilitate quick and accurate processing of alternative ...

Core Insights - SEI has announced the integration of KKR's investment vehicles into its platform, enhancing access to private market investments for registered investment advisors and broker-dealers [1][3] - The demand for alternative investments is on the rise, with projections indicating a growth of $1.2 trillion in alternative assets over the next four years [2][4] - SEI's platform has processed over $4.3 billion in alternative transactions, indicating strong market activity and adoption [3] Industry Trends - 85% of wealth managers plan to increase allocations to alternative asset classes within the next year, highlighting a significant shift towards alternative investments [2] - Operational challenges, such as paperwork and administrative tasks, are seen as barriers to the adoption of alternative investments by 55% of wealth managers [2] Company Developments - SEI's alternatives platform is currently utilized by over 250 wealth management firms and 165 fund managers, showcasing its extensive reach in the market [3] - The acquisition of Altigo in December 2023 enhances SEI's technological capabilities in managing alternative investments, including inventory and reporting [3][5] - As of June 30, 2024, SEI manages, advises, or administers approximately $1.5 trillion in assets, reflecting its significant presence in the financial services industry [5]

Walter Bibikow/DigitalVision via Getty Images KKR Real Estate Finance (NYSE:KREF) has seen its commons and preferreds (NYSE:KREF.PR.A) recover substantially from lows over the last few months since I last covered the mortgage REIT's portfolio. The preferreds are now trading for 84.6 cents on the dollar, a roughly 15.4% discount to their $25 per share liquidation value, and offer a 7.7% yield on cost against their $1.625 per share annual coupon. This discount should be closer to 90% as pending Fed rate c ...

Buena Vista Images Introduction Investments in a mushroom grower, a massive Tokyo Skyscraper, a private debt deal, and a Japanese multi-billion private equity deal are just four examples of operations the private equity giant KKR & Co. Inc. (KKR) is engaged in — just last month! I found these four examples in a search on Bloomberg that took me less than 30 seconds. I could have listed many more deals, as private equity and credit are booming again, making KKR and some of its peers high-performers on the ...

NASHVILLE, Tenn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced it has contributed $118 million of additional properties to its joint venture with KKR, generating approximately $94 million of proceeds. The value of the JV is now approaching $500 million. The Company and KKR are continuing to explore additional acquisitions for the JV, including the potential contribution of more Healthcare Realty properties. As previously disclosed in July, the Company also ...

DUBLIN, Ohio, Aug. 21, 2024 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the appointment of William Brent Miller as the Company’s Chief Financial Officer (“CFO”), effective as of August 19, 2024, replacing Michael J. Logozzo from his role as Interim Chief Financial Officer. Mr. Miller will assume responsibility for all financial and accounting fu ...

PM Images I love investing for income on one side of my portfolio, and business development corporations (BDC) are similar to REITs as they are designed to distribute at least 90% of their taxable income through dividends or distributions. BDCs are essential to business entities looking for capital as they provide an alternative route for funding to many small and medium-sized businesses that cannot meet their needs through the traditional banking system. I am invested in many BDC's. Some have a stretch ...

Paper Boat Creative/DigitalVision via Getty Images FS KKR Capital (NYSE:FSK) investors have endured significant market volatility over the past two weeks as the stock fell toward lows last seen in early May 2024. I assess that the market was unnerved by the anticipated decline in interest rates, which could affect the forward trajectory of its net investment income per share. In addition, the significant market selloff triggered by the unwinding of the yen carry trade also battered FSK, as investors like ...

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 June 30, 2024 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 88-1203639 (State or other Jurisdiction of Incorpor ...

Galeanu Mihai As we went into 2024, I issued an article with a title - "The Battle Of Two Goliaths: Ares Capital Vs. FS KKR, Which One Will Win In 2024?" As the title implies, I compared side by side FS KKR Capital (NYSE:FSK) with Ares Capital (ARCC), which are the two largest BDCs out there, and concluded that while both are solid picks, FSK exhibits better prospects to register alpha this year. The overarching thesis on why FSK, in my opinion, is so enticing is its deep discount to NAV despite structu ...