Private Equity

KKR earnings rise after broader market lifts portfolio

Private equity giant ends 2023 on a high

KKR, whose leadership includes co-head of European private equity Philipp Freise, said quarterly fee-related earnings hit a record $675m
KKR, whose leadership includes co-head of European private equity Philipp Freise, said quarterly fee-related earnings hit a record $675m Photo: Chris Ratcliffe/Getty Images

KKR posted higher quarterly earnings, driven by stronger appreciation in the value of its investments.

The alternative investment company had record fee-related earnings, and raised and invested more money during the period than in any other in 2023.

WSJ Logo