KKR said it has generated more than $900m in monetisation income so far in the second quarter, signalling a continued recovery in private equity exit activity after several years of subdued dealmaking, according to a report by Reuters.
The firm said monetisation income exceeded $900m through 24 June, up from $878m reported in the first quarter and 66% above its average quarterly level over the past three years.
The update comes as improving equity markets and a pickup in sponsor-backed IPO activ...
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