Henry Kravis

4 Stories

Markets Drop as KKR Unit Delays Payment

Concern about liquidity in the US has investors selling off in Asia

(Newser) - Asian stocks slumped today after reports in the Financial Times that a struggling arm of private equity heavyweight Kohlberg Kravis Roberts. missed a second payment on billions of dollars of commercial debt just 6 months after two of its founders poured $270 million into the company. Investors cashed out as...

KKR Prepares for Test of Credit Markets

Fate of pending deals may foretell future of private equity

(Newser) - Kolhberg Kravis Roberts is pushing forward with some of the biggest deals in US history, but the iconic buyout firm finds itself under unprecedented scrutiny. Analysts say the huge deals KKR has pending will be a test of the struggling credit markets, the Washington Post reports: If they don't go...

KKR Joins IPO Party
KKR Joins
IPO Party

KKR Joins IPO Party

After Blackstone's triumph, barbarians at the public gate

(Newser) - Corporate raiders Kohlberg Kravis Roberts & Co. have announced an initial public offering, on the heels of a wildly successful $34B IPO by rival Blackstone yesterday. The mammoth LBO group, whose boss Henry Kravis maintains a well known rivalry with Blackstone's Stephen Schwarzmann, waited to make sure Blackstone swam before...

KKR Buyout Spree Hits a Snag
KKR Buyout Spree Hits a Snag

KKR Buyout Spree Hits a Snag

Traditional investors tapped out; equity firm looking elsewhere

(Newser) - Buyout giant KKR's $26B acquisition of electronic payment processor First Data Corp is not going smoothly, reports the Wall Street Journal. Once enthusiastic investors are shying away from private equity deals as interest rates steepen. "We have enough exposure to KKR already," said one major financier.

4 Stories