A 6.1% increase in the carrying value of KKR's private equity portfolio allowed about a $1.1B...

|About: KKR (KKR)|By:, SA News Editor

A 6.1% increase in the carrying value of KKR's private equity portfolio allowed about a $1.1B swing in results from last year, with Q3 Economic Net Income (ENI) of $509.9M. (see Blackstone's results; it doesn't take a lot of economic improvement for these firms to see big gains). AUM of $66.3B grew 7.8% from Q2. Shares -1.5%.