other_material
confidence high
sentiment neutral
materiality 0.55
KKR Private Equity Conglomerate raises $232M in unregistered share sale; cumulative $5.9B since inception
KKR Private Equity Conglomerate LLC
- Sold 4,230,017 Class U shares for $128.5M; 2,989,258 Class I shares for $91.5M; 379,732 Class D shares for $11.6M; 28,169 Class S shares for $0.9M.
- Total cash consideration of $232.4M from sales on May 1, 2025; final share count determined May 20.
- Private Equity K-Series Platform sold interests for $556M in cash on May 1, 2025.
- Cumulative cash raised by company since Aug 1, 2023: $5,948M; platform cumulative: $10,905M.
item 3.02