
KKR & Co.
- Founded
- 1976-01-01 in New York City, U.S.
- Headquarters
- 30 Hudson Yards, New York, New York 10001, United States
KKR & Co. Inc. is a global investment firm that pioneered the modern leveraged buyout industry and has evolved into one of the world’s largest and most diversified alternative asset managers. Founded in 1976 in New York City by Jerome Kohlberg Jr., Henry Kravis, and George Roberts, the firm now manages approximately $758 billion in assets under management as of March 2026. KKR operates across private equity, credit, infrastructure, real estate, and capital markets, and also offers insurance solutions through its subsidiary Global Atlantic, acquired in 2024. The firm serves institutional investors, wealth managers, and corporations, and is publicly traded on the New York Stock Exchange under the ticker KKR. In 2021, Joseph Bae and Scott Nuttall succeeded the founders as co-chief executive officers, while Kravis and Roberts remain actively involved as co-executive chairmen. KKR is known for landmark deals like the 1989 RJR Nabisco buyout and has consistently ranked among the top firms, topping the PEI 300 list in 2022 and 2024. Headquartered at 30 Hudson Yards in New York City, KKR employs about 4,830 people and has offices in 16 countries.
Detailed Review
History and Evolution
KKR was founded in 1976 and is widely credited with creating the private equity industry as it exists today. The firm pioneered the leveraged buyout model, famously executing the $31.4 billion acquisition of RJR Nabisco in 1989. Over the past decade, KKR has diversified far beyond buyouts, building a global real estate platform, launching infrastructure and impact investing funds, expanding its credit business into direct lending and structured credit, and entering the retail wealth management channel.
Business Model and Segments
KKR operates through three core segments: Asset Management, Insurance (Global Atlantic), and Strategic Holdings. The Asset Management division covers public and private credit, private equity, infrastructure, real estate, and capital markets. The Insurance segment provides retirement, life, and reinsurance products through Global Atlantic. Strategic Holdings includes direct ownership positions in operating companies across healthcare, technology, industrials, and other sectors. The firm’s balance sheet is also a significant driver of returns, with co-investment and proprietary capital.
Products and Platforms
KKR’s key products include flagship private equity funds investing in control and growth equity; credit offerings such as senior secured debt, unitranche loans, and collateralized loan obligations; infrastructure funds focused on energy, transport, and digital assets; real estate funds targeting office, multifamily, and logistics properties; capital markets services for leveraged finance and structured products; and Global Atlantic’s life and annuity insurance products. KKR Capstone, the in-house operational consulting team, works with portfolio companies to drive value creation. The firm also holds direct stakes in companies like Kotukai Electric and Unizo, and offers co-investment vehicles such as KKR U.S. Equity+ with Capital Group.
Market Position and Recent Developments
KKR is consistently ranked among the top alternative asset managers globally, topping the PEI 300 list in 2022 and 2024. Notable recent achievements include the 2022 acquisition of Global Atlantic (completed 2024), which added insurance fee income and permanent capital. In 2025, KKR partnered with Partners Group to invest $140 million in Darwinbox, an HR tech platform. The firm continues to lead in sustainable investing, raising one of the largest climate infrastructure funds. KKR’s public listing in 2010 transformed its governance, culminating in the 2022 simplification of its dual-class share structure.
Culture and Awards
KKR maintains a strong culture of partnership and a “one-firm” approach that encourages collaboration across asset classes. Its investment process emphasizes thematic research, operational improvements via KKR Capstone, and long-term value creation. The firm has received numerous industry awards, including Infrastructure Investor’s Global Infrastructure House of the Year for five consecutive years from 2020 to 2024.
Key Products
Private Equity
Flagship buyout funds investing in control and growth equity across sectors such as technology, healthcare, and industrials. Portfolio includes Cotiviti, OneStream, and Fuji Soft.
Credit
Senior secured, unitranche, and mezzanine debt for middle-market and large-cap companies, plus opportunistic credit and collateralized loan obligations.
Infrastructure
Equity and debt investments in energy, transportation, digital infrastructure, and utilities. KKR is a top global infrastructure manager.
Real Estate
Thematic investments across property types including office, multifamily, and logistics in the U.S., Europe, and Asia via funds like KKR Real Estate Partners.
Capital Markets
Origination, syndication, and advisory services for leveraged finance, structured products, and equity capital markets.
Global Atlantic (Insurance)
A life and annuity insurer offering retirement, life, and reinsurance products. Acquired by KKR in 2024.
KKR Capstone
In-house operational consulting team that works with portfolio companies to drive value creation.
Strategic Holdings
Direct ownership stakes in operating companies such as Kotukai Electric, Unizo, and Quarterra (multifamily housing).
Strategic Partnerships
Co-investment vehicles like KKR U.S. Equity+ with Capital Group, providing public-private equity solutions.
Offices & Headcount
4834 employees (approx.)
Key Persons
- Scott Nuttall
Co-Chief Executive Officer
- Kathryn Sudol
Chief Legal Officer and General Counsel
- Robert Lewin
Chief Financial Officer
- Henry R. Kravis
Co-Executive Chairman and Co-Founder
- George R. Roberts
Co-Executive Chairman and Co-Founder
- Joseph Bae
Co-Chief Executive Officer
Recent News

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