Mar 31, 2021

KKR Q1 2021 Earnings Report

Reported first quarter 2021 results, which included the acquisition of Global Atlantic and finished the quarter with $367 billion of Assets Under Management.

Key Takeaways

KKR reported strong first quarter 2021 results, marked by strong investment performance and the acquisition of Global Atlantic, leading to $367 billion in Assets Under Management.

Fee Related Earnings (FRE) of $364 million ($0.41/adj. share) in the quarter, up 41% year-over-year

After-tax Distributable Earnings (DE) of $660 million ($0.75/adj. share) in the quarter, up 63% year-over-year

Assets Under Management (AUM) of $367 billion, up 77% year-over-year

Fee Paying Assets Under Management (FPAUM) of $288 billion, up 81% year-over-year

Total Revenue
$1.22B
Previous year: $943M
+29.1%
EPS
$0.75
Previous year: $0.42
+78.6%

KKR

KKR

Forward Guidance

KKR provided forward guidance, but the details were not specified in the provided text.