NYSE:KKR

Healthcare Realty Trust Announces Strategic Joint Venture With KKR

Retrieved on: 
星期一, 五月 6, 2024
Investment, Health care, JV, KKR, Latham & Watkins, Financial adviser

NASHVILLE, Tenn., May 06, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it has entered into a strategic joint venture (JV) relationship with KKR to jointly own and invest in quality medical outpatient buildings. Healthcare Realty expects to receive approximately $300 million in proceeds for the contribution of a seed portfolio to the JV and will partner with KKR to explore additional acquisitions, including the potential contribution of more Healthcare Realty properties to the JV.

Key Points: 
  • Healthcare Realty expects to receive approximately $300 million in proceeds for the contribution of a seed portfolio to the JV and will partner with KKR to explore additional acquisitions, including the potential contribution of more Healthcare Realty properties to the JV.
  • Healthcare Realty will retain a 20% interest and will manage the JV, as well as continue to oversee day-to-day operations and leasing of the properties.
  • “Healthcare Realty is pleased to announce the formation of a strategic relationship with KKR, a leading global investment firm,” stated Todd Meredith, President and CEO.
  • Newmark’s Healthcare Capital Markets Group served as financial advisor and Simpson Thacher & Barlett LLP served as legal advisor to KKR.

KKR and Marriott International to Launch Midscale Hospitality Segment in Japan with Four Points Express by Sheraton

Retrieved on: 
星期二, 五月 7, 2024
Professional Services, Vacation, Other Travel, Lodging, Asset Management, Commercial Building & Real Estate, Destinations, Construction & Property, Travel, Insurance, Tourist Attractions, Finance, Real estate, Investment, Hakodate, City, Sheraton, Acquisition, KKR, Multimedia, Growth, Hotel

The 14 hotels will be converted to Four Points Express by Sheraton.

Key Points: 
  • The 14 hotels will be converted to Four Points Express by Sheraton.
  • This marks Marriott’s entry into the affordable midscale segment in Japan and the brand’s debut in Asia Pacific following its global launch in this space in 2023.
  • Rajeev Menon, President, Marriott International, Asia Pacific excluding China, said, "There's a growing consumer demand for reliable-yet-affordable accommodation in the region.
  • We are delighted to be strategic partners with Marriott International, one of the world’s pre-eminent hotel companies, to launch the Four Points Express by Sheraton brand in Japan.

KKR to Acquire Healthium from Apax Funds

Retrieved on: 
星期一, 五月 6, 2024
Finance, Surgery, Medical Devices, Health, Professional Services, Medtech, CFO, Investment, Partner, Simpson Thacher & Bartlett, AZB & Partners, AZB, JB, Partnership, Arthroscopy, Kirkland & Ellis, Knowledge, Moelis & Company, Jefferies Group, Acquisition, KKR, Multimedia, Growth, PHC, Video game

KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.

Key Points: 
  • KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.
  • The acquisition will be made by a special purpose vehicle owned by KKR-managed funds which will acquire a controlling interest in Healthium group, including Healthium.
  • The Apax Funds acquired Healthium in 2018 and transformed the company from a domestic suture player into a global medical devices leader.
  • Apax Partners and Healthium were advised by Jefferies LLC as financial advisor and Kirkland & Ellis LLP as legal counsel.

Global Atlantic 2024 Retirement Outlook Survey: Retirement Age Investors Value Asset Protection Over Growth

Retrieved on: 
星期三, 五月 1, 2024
Personal Finance, Professional Services, Insurance, Finance, Uncertainty, Retirement, Risk, Investment, Financial adviser

While U.S. markets rebounded in 2023, retirement age investors are still prioritizing strategies for generating reliable retirement income and protecting their nest eggs against volatility, according to the Global Atlantic 2024 Retirement Outlook Survey, a new study from Global Atlantic Financial Group (“Global Atlantic”).

Key Points: 
  • While U.S. markets rebounded in 2023, retirement age investors are still prioritizing strategies for generating reliable retirement income and protecting their nest eggs against volatility, according to the Global Atlantic 2024 Retirement Outlook Survey, a new study from Global Atlantic Financial Group (“Global Atlantic”).
  • The December 2023 study surveyed retirement age investors (ages 55 to 75) who work with financial professionals and have investable assets between $250,000 and $1 million.
  • It revealed investors rate investments that provide stability, protection, a steady income stream, and guaranteed retirement income over investments that come with more risk.
  • “Asset allocation is a core component of any conversation financial professionals have with their clients,” said Paula Nelson, Head of Strategic Growth for Individual Markets at Global Atlantic.

KKR & Co. Inc. Reports First Quarter 2024 Results

Retrieved on: 
星期三, 五月 1, 2024
Asset Management, Professional Services, Insurance, Finance, Multimedia, Internet, KKR

KKR & Co. Inc. (NYSE: KKR) today reported its first quarter 2024 results, which have been posted to the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/ .

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) today reported its first quarter 2024 results, which have been posted to the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/ .
  • View the full release here: https://www.businesswire.com/news/home/20240501696101/en/
    A conference call to discuss KKR’s financial results will be held today, Wednesday, May 1, 2024 at 10:00 a.m.
  • Additionally, the conference call will be broadcast live over the Internet and may be accessed through the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/ .
  • A replay of the live broadcast will be available on KKR’s website beginning approximately one hour after the broadcast.

KKR’s Henry McVey Says Insurance CIOs Plan to Increase Allocations to Non-Traditional Assets

Retrieved on: 
星期二, 四月 30, 2024
Professional Services, Thought Leadership, Finance, Alternatives, High-yield debt, Publication, Insurance, Investment company, Private equity, Bond credit rating, Environment, Life, Property, Private credit, KKR, Dislocation, CIO, General insurance, Credit, GMAA

Specifically, McVey notes that allocations to non-traditional investments have remained high, even as interest rates have risen significantly, because CIOs have gained greater conviction in the diversification and return benefits that these assets can provide in both low and high interest rate environments.

Key Points: 
  • Specifically, McVey notes that allocations to non-traditional investments have remained high, even as interest rates have risen significantly, because CIOs have gained greater conviction in the diversification and return benefits that these assets can provide in both low and high interest rate environments.
  • The report also notes that CIOs are increasingly focused on leveraging both liquid and illiquid allocations to build more resilient “all-weather” portfolios to take advantage of dislocation and access new markets.
  • “The clear message we drew from our 2024 insurance survey participants is that there is “no going back” to more traditional approaches to asset allocation.
  • However, Private Credit remains attractive to CIOs, with most choosing the asset class as their top choice for future allocations.

KKR to Acquire $1.64 Billion Student Housing Portfolio from BREIT

Retrieved on: 
星期四, 四月 25, 2024
Education, Construction & Property, REIT, University, State, J.P. Morgan & Co., ACC, American Campus Communities, Housing, Bed, Gibson Dunn, Simpson Thacher & Bartlett, Acquisition, KKR, Student, Growth, Real estate

KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion.

Key Points: 
  • KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion.
  • The over 10,000-bed portfolio is comprised of 19 purpose-built, premium student housing assets anchored to 14 leading four-year public universities across 10 states.
  • BREIT acquired this portfolio in 2018 in a joint venture with Greystar Real Estate Partners, LLC ("Greystar").
  • Since acquiring ACC in 2022, Blackstone has enabled ACC to build more student housing, including breaking ground on four new student housing communities since Fall 2023.

KKR and Impilo Announce Strategic Partnership Together With Management in Rare Disease Platform Immedica Pharma

Retrieved on: 
星期二, 四月 23, 2024
Biotechnology, Insurance, Pharmaceutical, Finance, Health, Asset Management, Infectious Diseases, Professional Services, IP, Partnership, EUR, BCG, PwC, Patient, DSM-IV codes, KKR, BofA Securities, Growth, Latham & Watkins, Pharmaceutical industry

Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner alongside KKR.

Key Points: 
  • Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner alongside KKR.
  • Immedica Pharma was established in 2018 by Impilo and an experienced management team with a strong track record in launching and commercializing orphan drugs across Europe.
  • We are deeply impressed by the accomplishments of Immedica under Impilo’s ownership and the establishment of a rare disease player with a highly promising pipeline.
  • “I am excited to continue our partnership with Impilo and welcome KKR as a new strategic partner for the next step in Immedica’s journey,” said Anders Edvell, CEO of Immedica.

KKR & Co. Inc. to Announce First Quarter 2024 Results

Retrieved on: 
星期三, 四月 17, 2024
Asset Management, Professional Services, Finance, Internet, KKR

KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the first quarter 2024 on Wednesday, May 1, 2024, before the opening of trading on the New York Stock Exchange.

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the first quarter 2024 on Wednesday, May 1, 2024, before the opening of trading on the New York Stock Exchange.
  • A conference call to discuss KKR’s financial results will be held on Wednesday, May 1, 2024 at 10:00 a.m.
  • Additionally, the conference call will be broadcast live over the Internet and may be accessed through the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/ .
  • A replay of the live broadcast will be available on KKR’s website beginning approximately one hour after the broadcast.

FSK Announces Earnings Release and Conference Call Schedule for First Quarter 2024

Retrieved on: 
星期二, 四月 16, 2024
FSK, PIN, Event, Eastern Time Zone

PHILADELPHIA and NEW YORK, April 16, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its first quarter 2024 results after the close of trading on the New York Stock Exchange on Wednesday, May 8, 2024.

Key Points: 
  • PHILADELPHIA and NEW YORK, April 16, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its first quarter 2024 results after the close of trading on the New York Stock Exchange on Wednesday, May 8, 2024.
  • FSK will host a conference call at 9:00 a.m. (Eastern Time) on Thursday, May 9, 2024, to discuss its first quarter 2024 results.
  • All interested parties are welcome to participate and can access the live conference call by registering using the following URL: https://register.vevent.com/register/BI8601374284864feab0b87119f13f1f4b .
  • The conference call will also be webcast, which can be accessed from the Investor Relations section of FSK's website at www.fskkradvisor.com under Events.