KKR records 23% drop in Q3 earnings amid slowdown in asset sales

KKR records 23% drop in Q3 earnings amid slowdown in asset sales

REUTERS/Brendan McDermid

Private equity firm KKR & Co  reported a 23% year-on-year drop in its quarterly after-tax distributable profit on Tuesday, as fee revenue slid amid a broader slowdown in asset sales by buyout firms.

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