(HedgeCo.Net) — KKR delivered a strong first-quarter performance, but the message to Wall Street was more cautious than the headline numbers suggested. The alternative-investment giant reported higher earnings, expanding assets under management, stronger management-fee income, and continued fundraising momentum — yet management also signaled that market volatility could pressure the firm’s ability to hit its previous full-year earnings target.
That combination created a nuanced story for inve...
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