KKR reported an exceptional third quarter with significant growth in assets under management, fee-paying assets under management, and distributable earnings. The company saw strong investment performance and announced leadership changes with Joe Bae and Scott Nuttall appointed as Co-Chief Executive Officers.
GAAP Net Income Attributable to KKR & Co. Inc. Common Stockholders was $1.1 billion.
Assets Under Management (AUM) reached $459 billion, up 96% year-over-year.
After-tax Distributable Earnings (DE) of $925 million ($1.05/adj. share), up 104% year-over-year.
Joe Bae and Scott Nuttall were appointed Co-Chief Executive Officers.
This presentation contains certain forward-looking statements pertaining to KKR (including Global Atlantic), including investment funds, vehicles and accounts managed by KKR and the insurance companies managed by Global Atlantic.
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