KKR & Co. Inc. is a global investment firm that provides various alternative investment and capital markets services. It's a powerhouse in the world of private equity and asset management, with a rich history dating back to its founding in 1976 by Jerome Kohlberg, Jr., Henry Kravis, and George Roberts.
The company operates through multiple business segments, including Private Markets, Public Markets, and Capital Markets. KKR's Private Markets segment is further divided into Private Equity, Infrastructure, Real Estate, Credit, and Strategic Growth. These segments collectively manage a diverse range of investment strategies and asset classes.
KKR's inclusion in the S&P 500 in 2024 is a significant milestone and a testament to its financial prowess and market influence. This prestigious index comprises 500 of the largest companies listed on stock exchanges in the United States. The criteria for inclusion are rigorous, considering factors such as market capitalization, liquidity, and financial viability.
KKR's addition to the S&P 500 reflects its remarkable growth and success over the years. The company has consistently delivered strong financial performance, with its assets under management (AUM) growing exponentially. As of the end of 2023, KKR's AUM stood at a staggering $557.3 billion, a substantial increase from the previous year.
The company's diverse investment portfolio and global reach have been key drivers of its success. KKR has a presence across various sectors, including technology, healthcare, energy, and infrastructure, among others. Its ability to identify and capitalize on investment opportunities across multiple industries has been a significant strength.
In conclusion, KKR's inclusion in the S&P 500 in 2024 is a well-deserved recognition of its position as a leading global investment firm. The company's financial performance, strategic investments, and diverse portfolio have solidified its place among the top companies in the United States. As KKR continues to expand its global footprint and deliver value to its investors, its future prospects remain bright.