KKR & Co. laid out a plan to scale its core businesses as it aims to reach at least $1 trillion of assets under management in five years.
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Saudis Scale Back Ambition for $1.5 Trillion Desert Project NeomSaudi Arabia has scaled back its medium-term ambitions for the desert development of Neom, the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent economy, according to people familiar with the matter.
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KKR Appoints Richdale to Tap Asia Institutional, Family CapitalKKR & Co. appointed Kate Richdale to lead its institutional capital efforts and take charge of a new initiative that aims to tap growing corporate and family wealth in Asia Pacific as an increasingly vital source of capital and dealmaking.
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Ares, KKR Among Lenders Seeking to Capitalize on Barings FalloutPrivate credit firms including Ares Management Corp., KKR & Co. and Intermediate Capital Group Plc are looking to capitalize on troubles at Barings after the sudden exit of over 20 employees forced it to pause some investments.
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Some shareholders oppose KKR’s offer for mdf commerce, saying price is inadequateSeveral investors come out against the deal, say the $5.80-per-share offer price for the provider of online procurement platforms is too low
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KKR Offers to Buy German Energy Firm Encavis in $3 Billion DealKKR & Co. has agreed to acquire renewable-energy producer Encavis AG in a deal that values the German company at about €2.8 billion ($3 billion).
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