KKR (KKR) Announces Intra-Quarter Monetization Activity Update for the Fourth Quarter

KKR (NYSE: KKR) today announced a monetization activity update for the period from October 1, 2022 to December 20, 2022. Based on information available to us as of today, with respect to the period through December 20, 2022, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $500 million. Our monetization activity quarter-to-date is made up of approximately 30% gross realized carried interest, approximately 25% realized incentive fees and approximately 45% realized investment income. This activity is driven primarily by strategic and secondary sale transactions that have closed quarter-to-date, dividend and interest income from KKR’s balance sheet portfolio, as well as incentive fees from KKR’s hedge fund partnerships.

The estimate disclosed above is not intended to predict or represent total realized performance income, total realized investment income or total revenues for the full quarter ending December 31, 2022, because it does not include the results or impact of any other sources of income, including fee income, or expenses, and we may realize further gains or losses relating to total realized performance income and total realized investment income after the date of this press release. This estimate is also not necessarily indicative of the results that may be expected for any other period, including the entire year ending December 31, 2022.

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