KKR's earnings rise 20% on strong management fees, annuities business

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Explore stories from Atlantic Canada.

Halifax Regional Police release Dartmouth suspect’s name and photo | SaltWire #news #novascotiaNEW YORK - Private equity firm KKR & Co Inc said on Wednesday its first-quarter adjusted net income jumped 20% year-on-year, driven by strong management and transaction fees as well as earnings from its annuities business.

KKR's earnings from investing the capital of its annuities business Global Atlantic rose 33% to $273 million. During the quarter, KKR completed the $2.7 billion deal to acquire the remaining 37% stake in Global Atlantic that it doesn't already own. KKR's private equity portfolio appreciated by 5%, opportunistic real estate funds gained 1%, and leveraged credit funds added 3%.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 45. in RU

Россия Последние новости, Россия Последние новости