KKR Stock News

UBS reduced its price target for KKR & Co. to $122.00 per share.

TD Cowen lowered its price target for KKR & Co. from $118.00 to $103.00 per share.

Barclays lowered its price target for KKR & Co. from $135.00 to $130.00 per share.

KKR's Core Private Equity strategy is buying Gen II, a private capital fund administrator, from Hg and General Atlantic. Enterprise value is $5.1 billion. Gen II oversees $2 trillion+ in assets for 275+ managers. KKR plans to fund expansion, technology, and employee ownership. Close expected in 2027.

KKR is acquiring Gen II through its core private equity strategy. Sellers include Hg, General Atlantic, and other minority investors. KKR will work with Gen II's management to support expansion in the U.S. and internationally.

Samsung commits $1B to Helix Digital Infrastructure, an AI infrastructure platform formed by KKR. The investment builds on >$10B already committed by KKR, KIA, NVIDIA and Vistra. Helix targets data centers, power and connectivity for hyperscalers. Samsung will contribute capabilities in technology, construction, energy storage and cooling.

KKR and RWE are reportedly preparing a joint bid for Uniper, the German state-owned energy company. The claim is unconfirmed and details remain scarce.

KKR-managed funds sold a portfolio of 16 Four Points Flex by Sheraton hotels in Japan to a global institutional investor; financial terms undisclosed.

KKR's global private credit fund received withdrawal requests equal to about 2.5% of NAV in Q3, down from the 5% cap in Q2. By comparison, Blackstone's BCRED saw ~10% and Cliffwater ~16%. The drop signals easing redemption pressure for KKR.