KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred (KKR.PR.D) remains a Buy for those expecting a rebound in KKR common. KKR.PR.D offers a 7.6% yield, a significant dividend advantage over the 0.8% yield of KKR common, and mandatory conversion in March 2028. Preferred holders benefit from downside protection and limited upside until KKR exceeds $120, with conversion mechanics favoring patient investors.
KKR will take management control of a new $1.3 billion renewable energy platform in South Korea. The new venture will help South Korea meet the surging demand for clean power from AI data centers and semiconductor production lines.
The platform, said to be Korea's largest for renewable energy, will have around 1.7 gigawatts of capacity currently in operation and a development pipeline that would raise its total capacity to 10 gigawatts.
KKR Asset Management (NYSE:KKR) shares added more than 3% on Thursday after the alternative asset manager provided an update highlighting stronger monetization activity and changes to its financial reporting. The firm announced that monetization activity exceeded $900 million for the period from March 31, 2026, through June 24, 2026, based on information currently available.
KKR is in advanced talks to buy a majority stake in the Indian business of Sweden's Medicover for at least $1 billion, a source with direct knowledge of the matter said, a deal that would expand its healthcare bet in the world's most populous nation.
The private-equity giant and co-investors would take a majority interest in a firm long resistant to outside ownership.
Helix Digital Infrastructure will “serve as a single coordination point for hyperscalers' data centers, power, connectivity and related needs,” KKR said.
KKR & Co. Inc. (KKR) Presents at Morgan Stanley US Financials Conference 2026 Transcript
KKR & Co. (KKR) reported earnings 30 days ago. What's next for the stock?
Shares of private market investment firms came under pressure on Wednesday after Switzerland-based Partners Group announced it was capping withdrawals from one of its flagship private equity funds, reviving investor concerns about liquidity across the alternative asset management industry. Partners Group shares fell 16% in Zurich trading after the company confirmed that redemption requests for its $8.6 billion Global Value SICAV fund had exceeded a pre-defined threshold, automatically triggering withdrawal limits.
Shares in U.S. private equity firms fell in premarket trading Wednesday after Switzerland's Partners Group reportedly capped withdrawals from one of its funds. Zurich-listed Partners Group was last seen almost 17% lower in morning trade.
KKR & Co. Inc. (KKR) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript