earnings
confidence medium
sentiment positive
materiality 0.75
KKR Q1 2024: 20%+ growth in Fee Related Earnings, raises $31B capital, completes Global Atlantic acquisition
KKR & Co. Inc.
- Fee Related Earnings, Total Operating Earnings, Adjusted Net Income each grew >20% YoY in Q1 2024.
- Raised $31 billion of new capital during the quarter.
- Completed acquisition of remaining stake in Global Atlantic; now reporting three segments: Asset Management, Insurance, Strategic Holdings.
- Conference call on May 1, 2024 at 10:00 AM ET.