- Q2 economic net income of $191.2M or $0.23 per share vs. $746.7M and $0.88 one year ago. Distributable income of $508M vs. $465.3M. Distribution is $0.16.
- AUM of $131B vs. $114.5B a year ago. Fee-paying AUM of $94.6B vs. $86.9B. Uncalled commitments of $38.4B vs. $25.9B.
- Management fees of $262M vs. $265.6M a year ago. Performance income of $328.6M vs. $598.5M. Investment loss of $46.7M vs. a gain of $383.7M. Investment loss this quarter includes an increase in the value of energy holdings, but more than offset by decreases in values of publicly held investments, including First Data Corp.
- Private equity portfolio appreciated 4.5% for the quarter, and 6% Y/Y.
- Previously: KKR beats by $0.18, misses on revenue (July 26)
- CC at 10 ET
- KKR flat premarket