KKR | Jotup

KBRA Assigns Ratings to FS KKR Capital Corp.'s $600 Million Senior Unsecured Notes Due 2029

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星期四, 五月 30, 2024

KBRA assigns a rating of BBB to FS KKR Capital Corp.'s (“FSK” or “the company”) $600 million, 6.875% senior unsecured notes due August 15, 2029.

Key Points:

KBRA assigns a rating of BBB to FS KKR Capital Corp.'s (“FSK” or “the company”) $600 million, 6.875% senior unsecured notes due August 15, 2029.
The top four portfolio sectors are Software & Services (18%), Capital Goods (15%), Commercial & Professional Service (15%), and Health Care Equipment & Services (13%).
Also supporting the ratings is the company's solid access to the capital markets with a diversified funding mix of secured bank facilities, unsecured senior debt, and CLOs, enhanced by its affiliation with the larger KKR Credit platform.
The company is managed by FS/KKR Advisor, LLC, a partnership of FS Investments and KKR Credit that was formed in 2018.

KKR to Acquire Majority Ownership in Agiloft

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星期四, 五月 30, 2024

Professional Services, Data Management, Technology, Finance, Software, Asset Management, CLM, OutSystems, KKR, Growth, Gibson Dunn, Multimedia

KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

Key Points:

KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).
“I am enormously proud and humbled by what we have been able to accomplish at Agiloft.
Since 2011, KKR portfolio companies have awarded billions of dollars in equity to over 100,000 non-senior management employees across more than 40 portfolio companies.
Gibson, Dunn & Crutcher LLP served as legal advisor to KKR.

Buckley Capital Management Urges Dentalcorp Holdings Board and Management to Undertake a Strategic Review Process

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星期三, 五月 29, 2024

Silicon Valley Bank, FCF, Silicon, Sale, Conference, Bank, KKR, Growth, Research, IPO, Acquisition, Environment, DSO, Cryptocurrency

MIAMI BEACH, Fla., May 29, 2024 (GLOBE NEWSWIRE) -- Buckley Capital Management, LLC, which together with its affiliates beneficially owns approximately 1.4% of the shares of Dentalcorp Holdings Ltd. (TSX: DNTL) (“DNTL” or the “Company”), today issued an open letter to DNTL’s board of directors and management urging them to launch a strategic review process to maximize value for all shareholders.

Key Points:

Therefore, the Board should immediately commence a strategic review process to maximize value for shareholders, including exploring a sale of the Company.
Dentalcorp is significantly undervalued by the public markets relative to the quality and predictability of its future growth.
We strongly encourage the Board to engage a financial advisor immediately to pursue a review of strategic alternatives, including the sale of the Company.
We aim to work collaboratively and constructively with the Board and management to maximize shareholder value, and look forward to continued positive dialogue.

Labrador Island Link Welcomes New Investor

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星期二, 五月 28, 2024

Today, Emera Inc. (Emera), an international energy and services company, and KKR, a leading global investment firm, announced they have entered into a definitive agreement where KKR will acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL).

Key Points:

Today, Emera Inc. (Emera), an international energy and services company, and KKR, a leading global investment firm, announced they have entered into a definitive agreement where KKR will acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL).
This transaction has no impact on Emera’s ownership of the Maritime Link transmission line and no impact on Nova Scotia Power, or its customers.
“We’re pleased to be part of the future success of the Labrador Island Link.”
“The LIL is a strategic asset for Newfoundland and Labrador as it continues down the path of building its clean energy future,” said Jennifer Williams, CEO, Newfoundland and Labrador Hydro.
The Project also includes the Maritime Link, an Emera-owned transmission line that delivers renewable energy from Newfoundland to Nova Scotia.

KKR to Present at the Morgan Stanley US Financials, Payments & CRE Conference 2024

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星期二, 五月 28, 2024

Banking, Professional Services, Finance, CRE, Conference, KKR, Payment, Morgan Stanley

KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET.

Key Points:

KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET.
A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/ .
For those unable to listen to the live webcast, a replay will be available on the website shortly after the event.

Invidia Capital Management Announces Healthcare Investment Firm Launch with Strategic Investment from GCM Grosvenor

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星期二, 五月 21, 2024

Avantor, Patient, TPG, Goldman Sachs, Capital formation, Partners Group, KKR, Growth, OMERS, Head, AUM, GCM, GCM Grosvenor, Elevate, MDVIP, Tenet Healthcare

NEW YORK and CHICAGO, May 21, 2024 (GLOBE NEWSWIRE) -- Invidia Capital Management , a healthcare investment firm founded by former Goldman Sachs partner Jo Natauri, has announced its launch with a strategic investment from GCM Grosvenor , a leading global alternative asset management solutions provider.

Key Points:

NEW YORK and CHICAGO, May 21, 2024 (GLOBE NEWSWIRE) -- Invidia Capital Management , a healthcare investment firm founded by former Goldman Sachs partner Jo Natauri, has announced its launch with a strategic investment from GCM Grosvenor , a leading global alternative asset management solutions provider.
Natauri brings over 25 years of healthcare investing, operating, and investment banking experience to Invidia.
Invidia has assembled an impressive team of senior advisors with deep knowledge and experience in the $4.5+ trillion healthcare sector.
“We are fortunate to have GCM Grosvenor as a strategic partner at launch, given their track record of success in identifying and supporting world-class investment talent, and we are committed to making Invidia a leading force in healthcare innovation."

mdf commerce Announces Completion of Acquisition by KKR

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星期五, 五月 17, 2024

“Today’s announcement is a significant milestone in the long-lasting story of mdf commerce.

Key Points:

“Today’s announcement is a significant milestone in the long-lasting story of mdf commerce.
“We are very pleased with the successful outcome of this transaction,” said Pierre Chadi, Chair of the Board of Directors.
“I am confident that mdf commerce is in good hands with KKR, a resourceful owner who will support the Company’s long-term growth plan and take this SaaS leader in digital commerce technologies to the next level.”
“mdf commerce has a bright future ahead, and we are thrilled to be part of it,” said John Park, Partner at KKR.
Stikeman Elliott LLP and Dechert LLP acted as legal advisors to KKR, and William Blair served as a buyside advisor to KKR.

KKR prices ¥91,400,000,000 of senior notes

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星期四, 五月 23, 2024

Professional Services, Insurance, Finance, Analysis, Debt-to-GDP ratio, Sale, Regulation, KKR, Annual report, Result, Security (finance)

KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the “2034 notes”), ¥10,000,000,000 aggregate principal amount of its 2.719% Senior Notes due 2044 (the “2044 notes”) and ¥9,600,000,000 aggregate principal amount of its 3.008% Senior Notes due 2054 (the “2054 notes” and, together with the 2029 notes, the 2031 notes, the 2034 notes and the 2044 notes, the “notes”) issued by KKR Group Finance Co. XI LLC, its indirect subsidiary.

Key Points:

KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the “2034 notes”), ¥10,000,000,000 aggregate principal amount of its 2.719% Senior Notes due 2044 (the “2044 notes”) and ¥9,600,000,000 aggregate principal amount of its 3.008% Senior Notes due 2054 (the “2054 notes” and, together with the 2029 notes, the 2031 notes, the 2034 notes and the 2044 notes, the “notes”) issued by KKR Group Finance Co. XI LLC, its indirect subsidiary.
The notes are to be fully and unconditionally guaranteed by KKR & Co. Inc. and KKR Group Partnership L.P.
KKR intends to use the net proceeds from the sale of the notes for general corporate purposes.
This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date of this press release except as required by law.

Vitesse Secures $93M in Series C Funding Led by KKR, Appoints Curt Hess as US Executive President

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星期二, 五月 21, 2024

Finance, Payments, Professional Services, Technology, Insurance, Darktrace, Barclays, OutSystems, Investment, KKR, Growth, Fintech, Treasury, Knowledge

Vitesse also announced the appointment of Curt Hess as Executive President in the US to oversee the Company's continued expansion in this market.

Key Points:

Vitesse also announced the appointment of Curt Hess as Executive President in the US to oversee the Company's continued expansion in this market.
Curt brings over 15 years of experience working in banking and fintech, most recently as Chief Operating Officer and Chief Financial Officer at 10x Banking.
Prior to this, Curt spent over a decade with Barclays, where he held a number of positions, most recently as Chief Executive Officer of Barclays US Consumer Bank.
Through its integrated global payments network, Vitesse enables claims administrators and delegated authorities to deliver the best customer experience in claims payments.

KKR Invests in Leading Filipino Higher Education Group PHINMA Education

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星期三, 五月 22, 2024

KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under which funds managed by KKR will invest in PHINMA Education, with participation from existing shareholder Kaizenvest.

Key Points:

KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under which funds managed by KKR will invest in PHINMA Education, with participation from existing shareholder Kaizenvest.
PHINMA Corporation will remain the majority shareholder in PHINMA Education.
View the full release here: https://www.businesswire.com/news/home/20240520933429/en/
Established in 2004, PHINMA Education seeks to provide quality, affordable tertiary education to underserved youth, equipping them with professional and vocational training that supports gainful employment.
KKR is investing in PHINMA Education from its Global Impact Fund II, which targets companies whose core business contributes meaningfully towards one or more of the United Nations Sustainable Development Goals (SDGs).