KKR delivered stronger-than-expected second-quarter results after completing a record level of private equity exits, highlighting the firm’s ability to generate liquidity for investors despite a challenging environment for private markets, according to a report by the Financial Times.
The alternative asset manager reported a sharp increase in profitability as realised investment gains, fee-related earnings and fundraising all accelerated during the quarter.
A key driver was a record $848m of rea...
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