KKR Real Estate Finance Trust remains under pressure following our previous sell rating, with recent Q3-2025 results highlighting ongoing portfolio challenges. KREF's portfolio saw significant repayments and modest originations, but watch list migration and new loan defaults raise concerns about asset quality. Life sciences exposure, representing 14% of assets, continues to pose risks, with pro...
Dupont (DD) is a leading specialty chemical company in the process of spinning off its electronics business, which in our view should unlock shareholder value. KKR (KKR) is a leading private equity investment firm with a large portion of earnings coming from recurring revenue sources. Alcon (ALC) revenues fell short of consensus estimates for two consecutive quarters, and management lowered its...
FORT WORTH, Texas & NEW YORK--(BUSINESS WIRE)--Leading investment firms KKR and Arcline Investment Management (“Arcline”) today announced that Arcline has entered into a definitive agreement to acquire Novaria Group (“Novaria” or the “Company”), a leading provider of engineered aerospace components and specialty processes, in a transaction valued at $2.2 billion. “We are proud of how we built N...
KKR has struck a deal to sell aerospace and defense hardware maker Novaria Group to industrials-focused private equity firm Arcline Investment Management for $2.2 billion, the company and the seller told Reuters on Monday.
Acclime, a Hong Kong-based advisory and corporate services firm, has selected a handful of bidders to submit binding offers for the company, in a deal that could value the firm at more than $900 million, three people with knowledge of the transaction said.
KKR & Co. shares have underperformed, but strong Q3 results and robust fundraising highlight resilient fundamentals despite private credit concerns. KKR's $126 billion in dry powder and sticky AUM base provide revenue visibility and insulation from potential fundraising slowdowns. Fee-related earnings and management fees remain the core, less cyclical driver of the company's cash flow, with seg...
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