AltAssets |
November 23rd, 2008 |
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KKR appoints Citigroup's Sanjay Nayar as CEO, India country head[...]
AltAssets |
November 23rd, 2008 |
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Ludo Bammens joins KKR as director of European corporate affairs[...]
PE HUB |
November 10th, 2008 |
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Hold Your Breath: More than 80% of Silicon Valley's 150 largest public companies have employees with "underwater" stock options. Meaning, they can't buy stock at the price their company is trading at these days. Top 25 Private Equity Schools: Harvard, Wharton, Stanford, University of Chicago, Northwestern, the list goes on… [...]
Financial Times |
November 10th, 2008 |
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KKR Financial Holdings, the publicly listed debt arm of the KKR private equity firm, suspended its third-quarter dividend, citing turbulent market conditions[...]
AltAssets |
November 5th, 2008 |
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KKR postpones IPO, announces USD649m in write-downs for KPE[...]
The decision by Kohlberg Kravis Roberts to delay its planned New York initial public offering shows how difficult it is to raise new equity in the current market environment[...]
PE HUB |
November 4th, 2008 |
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Ted Forstmann has been railing against the evils of credit since before KKR levered up RJR Nabisco, so its no surprise that hes speaking out about the current crisis. In a recent interview with Charlie Rose, Forstmann puts the blame on Fed policies that helped create a culture of easy [...]
NYT Dealbook |
November 4th, 2008 |
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As Kohlberg Kravis Roberts prepares to become a public company - a plan that has suffered some technical delays - the private equity giant has hired another spokesman to get its message out. K.K.R. said on Tuesday that it has hired Peter McKillop as its director of global communications, effective [...]
RealNetworks (NSDQ: RNWK) is still hoping to spin-off its casual gaming unit, never mind the economy and delays, and with its Q308 results, announced a new heavy-hitter head of the unit last week: John Barbour, who previously was the President of Toys "R" Us' U.S. operations, and was member of [...]
NYT Dealbook |
November 3rd, 2008 |
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George Roberts, co-founder of the storied private equity firm Kohlberg Kravis Roberts, said Monday that he and his partner, Henry Kravis, "remain committed" to taking the firm public. His comments came after KKR Private Equity Investors, an affiliate of K.K.R. that already trades in Amsterdam, announced Sunday that K.K.R.'s proposed [...]
NYT Dealbook |
November 3rd, 2008 |
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Kohlberg Kravis Roberts is not planning to dip its toe into the public markets until 2009, according to an announcement Sunday from its Amsterdam-listed affiliate. The news comes as companies worldwide continue to shelve plans for initial public offerings amid the ongoing financial crisis. In July, the buyout giant announced [...]
The Street |
November 3rd, 2008 |
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KKR's acquisition of KKR Private Equity, its vehicle toward going public, will be delayed until 2009 because of the credit crisis.[...]
PE HUB |
October 30th, 2008 |
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It doesn't feel so good to be a banker these days, but damn it feels good to run a portfolio company. CEOs of private equity portfolios from the largest LBOs of 2006 took in hefty performance-based salaries in 2007. The biggest breadwinners, including Travelport's Jeff Clarke and GMAC's Eric Feldstein, [...]
NYT Dealbook |
October 28th, 2008 |
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Lazard said Tuesday that George Bilicic will return to the investment bank as the chairman of its power, utilities and infrastructure business, after he left this spring to head infrastructure investments at Kohlberg Kravis Roberts. Mr. Bilicic's departure from the private equity giant was amicable and was because he wanted [...]
PE HUB |
October 21st, 2008 |
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We've seen the size of PE bankruptcies increase as the year toils on, with Linen's N Things (purchased by Apollo for $1.3 million) narrowly topping Mervyns (purchased by Sun Capital and Cerberus for $1.2 billion). Those could soon be outdone by KKR's C$3.2 billion purchase of Masonite International, if the [...]
PE HUB |
October 14th, 2008 |
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Last Friday, I asked you to name the university endowment thats trying to sell a large portfolio of private equity fund commitments. I probably should have italicized the word large, or perhaps used a more emphatic synonym like humongous. The result was that some of you offered up schools like [...]
