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.
| Capital Markets Industry | Financials Sector | Joseph Y. Bae CEO | XMUN Exchange | US48251W1045 ISIN |
| US Country | 5,043 Employees | 29 May 2026 Last Dividend | 1 Jun 2022 Last Split | 15 Jul 2010 IPO Date |
KKR & Co. Inc. stands as a prominent investment firm with a keen focus on private equity and real estate investments. Through its diverse strategies, it engages in a variety of investment activities, including direct investments and fund of funds. The company's investment approach is characterized by a mix of acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature investments, mezzanine financing, distressed and turnaround situations, as well as investments in lower middle market and middle market segments. KKR & Co. Inc. prides itself on its versatility, with interests spanning across numerous industries, making it a comprehensive and dynamic player in the investment space.
The investment offerings of KKR & Co. Inc. are wide-ranging and tailored to meet the intricate needs of various sectors: