PE firm KKR's first-quarter profit rises 11% on stronger asset sales

PE firm KKR's first-quarter profit rises 11% on stronger asset sales

REUTERS/Brendan McDermid

Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and management fees ahead of the coronavirus-linked market turmoil.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter