Blackstone Group and KKR, defendants in a lawsuit alleging a group of private-equity firms colluded to keep leveraged-buyout prices low, are in talks to settle with the plaintiffs, according to two people familiar with the matter.
KKR is a leading global alternative asset manager with three primary business lines: private equity, fixed income and capital markets.
Private equity firm KKR continues to expand its offerings, this time buying a stake in hedge fund firm BlackGold.
When investors evaluate a company, they consider P/E ratio, market share and products in the pipeline. But now there's a new measure of a company's worth: cybersecurity risk.
KKR has announced that David Drummond has been appointed to the Board of Directors of KKR Management LLC, the managing partner of KKR, and to the Board's Conflicts Committee.
Not bad for one year's work.
The Securities and Exchange Commission asked Morgan Stanley about 'multiple significant deficiencies' in its financial reporting after the firm corrected accounting errors involving loan cash flows, income taxes and derivatives contracts.
Former IMF chief Dominique Strauss-Kahn is to face trial on pimping charges, French prosecutors say.
Kohlberg Kravis Roberts has announced the appointment of Martin Moore as a Senior Advisor to the firm.
Kohlberg Kravis Roberts & Co has announced the appointment of retired four-star General and former Director of the CIA David Petraeus as Chairman of the newly created KKR Global Institute.
Citigroup has poached Sydney-based UBS Senior Managing Director Aidan Allen, according to an internal memo seen by The Wall Street Journal's MoneyBeat.
Kohlberg Kravis Roberts has announced the appointment of Vincent as a Director in its Infrastructure team.
The Times reports that UBS's wealth management division has been so 'ravaged' by the departure of 75 London-based staff for newly-established firm Vestra Wealth, that one of its teams only had a secretary left! (Let's hope she elected to stay put, rather than being the only one Vestra didn't want!!).
John Mack has just signed up to become a senior advisor over at private equity firm KKR. He has some pretty illustriuos bedfellows.
Kohlberg Kravis Roberts has announced the appointment of Akhil Puri as Director for KKR Capstone.
Cristina Alesci reports on Jason Kelly's interview with KKR's George Roberts.
A few good stories currently doing the rounds.
KKR & Co. (KKR), the private-equity firm run by Henry Kravis and George Roberts, named former Morgan Stanley Chief Executive Officer John Mack as a senior adviser.
The London Evening Standard reports that Hugh Willis and Mark Poole, the co-founders of hedge fund BlueBay Asset Management, will get $65m each from the sale of their firm to Royal Bank of Canada.
Bloomberg's Cristina Alesci details her discussion with KKR head of asset management Bill Sonnenborn on his company's move into the hedge fund business and their purchase of fund of funds Prisma.
Kohlberg Kravis Roberts & Co. L.P. has announced the appointment of Hiro Shimizu and Sakae Suzuki as Directors for KKR Japan.