KKR & Co. Inc. (KKR)

Executive Summary

Both of KKR’s co-chief executives bought 50,000 shares on February 27 at about $88. On October 19 the stock was $87.00, down 32% this year. Second-quarter fee-related earnings rose 37% to a record $1.2 billion at a 70% margin, and $72 billion of committed capital has not started paying fees yet. The worries holding the stock down, a Fed hike, a 5% 10-year Treasury and slow exits, are short-term.

What’s Inside The Full Report

• Executive summary and key points
• Quality At A Discount
• How KKR Gets Paid
• What USI Did To 2026
• The Railcar Sale
• What You Pay
• Higher Rates, Both Ways
• How I Could Be Wrong
• My Read
• TTCM rating and position disclosure