NYSE:KKR

KKR to Acquire Majority Ownership in Agiloft

Retrieved on: 
Thursday, May 30, 2024
Professional Services, Data Management, Technology, Finance, Software, Asset Management, CLM, OutSystems, KKR, Growth, Gibson Dunn, Multimedia

KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

Key Points: 
  • KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).
  • “I am enormously proud and humbled by what we have been able to accomplish at Agiloft.
  • Since 2011, KKR portfolio companies have awarded billions of dollars in equity to over 100,000 non-senior management employees across more than 40 portfolio companies.
  • Gibson, Dunn & Crutcher LLP served as legal advisor to KKR.

Labrador Island Link Welcomes New Investor

Retrieved on: 
Tuesday, May 28, 2024
Environment, Utilities, Oil, Gas, Sustainability, Alternative Energy, Energy, Lower Churchill Project, Partnership, CAD, Investment, TD Securities, KKR, Newfoundland and Labrador Hydro, Nova Scotia Power, LIL, Scotiabank, Multimedia, Project, Renewable energy

Today, Emera Inc. (Emera), an international energy and services company, and KKR, a leading global investment firm, announced they have entered into a definitive agreement where KKR will acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL).

Key Points: 
  • Today, Emera Inc. (Emera), an international energy and services company, and KKR, a leading global investment firm, announced they have entered into a definitive agreement where KKR will acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL).
  • This transaction has no impact on Emera’s ownership of the Maritime Link transmission line and no impact on Nova Scotia Power, or its customers.
  • “We’re pleased to be part of the future success of the Labrador Island Link.”
    “The LIL is a strategic asset for Newfoundland and Labrador as it continues down the path of building its clean energy future,” said Jennifer Williams, CEO, Newfoundland and Labrador Hydro.
  • The Project also includes the Maritime Link, an Emera-owned transmission line that delivers renewable energy from Newfoundland to Nova Scotia.

KKR to Present at the Morgan Stanley US Financials, Payments & CRE Conference 2024

Retrieved on: 
Tuesday, May 28, 2024
Banking, Professional Services, Finance, CRE, Conference, KKR, Payment, Morgan Stanley

KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET.

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET.
  • A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/ .
  • For those unable to listen to the live webcast, a replay will be available on the website shortly after the event.

KKR prices ¥91,400,000,000 of senior notes

Retrieved on: 
Thursday, May 23, 2024
Professional Services, Insurance, Finance, Analysis, Debt-to-GDP ratio, Sale, Regulation, KKR, Annual report, Result, Security (finance)

KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the “2034 notes”), ¥10,000,000,000 aggregate principal amount of its 2.719% Senior Notes due 2044 (the “2044 notes”) and ¥9,600,000,000 aggregate principal amount of its 3.008% Senior Notes due 2054 (the “2054 notes” and, together with the 2029 notes, the 2031 notes, the 2034 notes and the 2044 notes, the “notes”) issued by KKR Group Finance Co. XI LLC, its indirect subsidiary.

Key Points: 
  • KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the “2034 notes”), ¥10,000,000,000 aggregate principal amount of its 2.719% Senior Notes due 2044 (the “2044 notes”) and ¥9,600,000,000 aggregate principal amount of its 3.008% Senior Notes due 2054 (the “2054 notes” and, together with the 2029 notes, the 2031 notes, the 2034 notes and the 2044 notes, the “notes”) issued by KKR Group Finance Co. XI LLC, its indirect subsidiary.
  • The notes are to be fully and unconditionally guaranteed by KKR & Co. Inc. and KKR Group Partnership L.P.
    KKR intends to use the net proceeds from the sale of the notes for general corporate purposes.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
  • KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date of this press release except as required by law.

Vitesse Secures $93M in Series C Funding Led by KKR, Appoints Curt Hess as US Executive President

Retrieved on: 
Tuesday, May 21, 2024
Finance, Payments, Professional Services, Technology, Insurance, Darktrace, Barclays, OutSystems, Investment, KKR, Growth, Fintech, Treasury, Knowledge

Vitesse also announced the appointment of Curt Hess as Executive President in the US to oversee the Company's continued expansion in this market.

Key Points: 
  • Vitesse also announced the appointment of Curt Hess as Executive President in the US to oversee the Company's continued expansion in this market.
  • Curt brings over 15 years of experience working in banking and fintech, most recently as Chief Operating Officer and Chief Financial Officer at 10x Banking.
  • Prior to this, Curt spent over a decade with Barclays, where he held a number of positions, most recently as Chief Executive Officer of Barclays US Consumer Bank.
  • Through its integrated global payments network, Vitesse enables claims administrators and delegated authorities to deliver the best customer experience in claims payments.

KKR Invests in Leading Filipino Higher Education Group PHINMA Education

Retrieved on: 
Wednesday, May 22, 2024
Primary, Secondary, Professional Services, Education, Insurance, Finance, Asset Management, Training, Quality, Employment, Workforce, SDG, Vocational education, KKR, Student, K-12, Government, Philippine Competition Commission, Sustainable Development Goals, Multimedia, University

KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under which funds managed by KKR will invest in PHINMA Education, with participation from existing shareholder Kaizenvest.

Key Points: 
  • KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under which funds managed by KKR will invest in PHINMA Education, with participation from existing shareholder Kaizenvest.
  • PHINMA Corporation will remain the majority shareholder in PHINMA Education.
  • View the full release here: https://www.businesswire.com/news/home/20240520933429/en/
    Established in 2004, PHINMA Education seeks to provide quality, affordable tertiary education to underserved youth, equipping them with professional and vocational training that supports gainful employment.
  • KKR is investing in PHINMA Education from its Global Impact Fund II, which targets companies whose core business contributes meaningfully towards one or more of the United Nations Sustainable Development Goals (SDGs).

KKR Provides $300 Million Corporate Credit Facility to Origis Energy

Retrieved on: 
Monday, May 20, 2024
Environment, Insurance, Finance, Banking, Professional Services, Alternative Energy, Sustainability, Energy, Asset Management, Opportunism, Investment, KKR, Growth, Multimedia, ABF, Renewable energy

KKR, a leading global investment firm and Origis Energy (“Origis”), a leading renewable energy and decarbonization solution platform, today announced that vehicles and accounts managed by KKR’s insurance business have provided a $300 million corporate financing facility to Origis.

Key Points: 
  • KKR, a leading global investment firm and Origis Energy (“Origis”), a leading renewable energy and decarbonization solution platform, today announced that vehicles and accounts managed by KKR’s insurance business have provided a $300 million corporate financing facility to Origis.
  • Proceeds from the facility will support the continued development and construction of Origis’ pipeline of solar and storage projects.
  • We are pleased to be working with KKR in this next phase of our growth,” said Vikas Anand, CEO of Origis.
  • “Demand for renewable energy financing is stronger than ever and we are pleased to support Origis Energy, one of the leading developers in this space,” said Sam Mencoff, Director at KKR.

KKR to Present at the TD Financial Services & Fintech Summit

Retrieved on: 
Monday, May 20, 2024
Fintech, Professional Services, Insurance, Finance, KKR

KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the TD Financial Services & Fintech Summit on Thursday, June 6, 2024 at 8:35 AM ET.

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the TD Financial Services & Fintech Summit on Thursday, June 6, 2024 at 8:35 AM ET.
  • A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/ .
  • For those unable to listen to the live webcast, a replay will be available on the website shortly after the event.

KKR Invests in Healthcare Revenue Solutions Provider Infinx

Retrieved on: 
Tuesday, May 21, 2024
Professional Services, Data Management, Technology, Other Technology, Finance, Software, Cloud, Partnership, Rothschild & Co, Patient, RCM, MYOB, Hospital, Automation, Organization, Health, Investment, Cloudera, Ness Digital Engineering, KKR, Growth, Acquisition, Jaideep, Norwest Venture Partners, Max Healthcare, Multimedia, JB

KKR, a leading global investment firm, and Infinx Services Private Limited (“Infinx” or the 'Company'), an AI-driven healthcare revenue cycle solutions provider, today announced the acquisition of a significant minority stake in Infinx by a KKR-managed fund.

Key Points: 
  • KKR, a leading global investment firm, and Infinx Services Private Limited (“Infinx” or the 'Company'), an AI-driven healthcare revenue cycle solutions provider, today announced the acquisition of a significant minority stake in Infinx by a KKR-managed fund.
  • View the full release here: https://www.businesswire.com/news/home/20240520027338/en/
    Co-founded in 2012 by Sandeep Tandon and Jaideep Tandon, Infinx is a provider of innovative, data-driven revenue cycle management solutions for the healthcare sector, with a particular focus on the US market.
  • Infinx’s Healthcare Revenue Cloud platform supports end-to-end revenue cycle business functions utilizing AI, automation, payer integration, and workforce management.
  • Infinx counts over 400 leading healthcare provider organizations as customers including hospitals, health systems and outpatient healthcare providers.

KKR to Present at the Bernstein 40th Annual Strategic Decisions Conference 2024

Retrieved on: 
Monday, May 13, 2024
Consulting, Banking, Professional Services, Finance, Conference, KKR

KKR & Co. Inc. (NYSE: KKR) announced today that Joseph Y. Bae, Co-Chief Executive Officer, will present at the Bernstein 40th Annual Strategic Decisions Conference 2024 on Wednesday, May 29, 2024 at 3:30 PM ET.

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) announced today that Joseph Y. Bae, Co-Chief Executive Officer, will present at the Bernstein 40th Annual Strategic Decisions Conference 2024 on Wednesday, May 29, 2024 at 3:30 PM ET.
  • A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/ .
  • For those unable to listen to the live webcast, a replay will be available on the website shortly after the event.