logo background ALPS Inc. ALPS Inc.
ALPS Inc Contact Icon ALPS Inc Menu Icon

BLOOMBERG - Henry Kravis, Still Shaking Wall Street, Steers KKR Into Lending

Stockholders, unlike investors in the firm’s funds, have a stake in the company, whose earnings derive from incentive and management fees the funds generate. Adam Goldman, a managing director at Red Rocks Capital LLC, which owns KKR and Blackstone shares, says Blackstone’s broader business platform gives it an edge over KKR in fund gathering and fee production.

“I like how KKR is diversifying,” says Goldman, who’s based in Golden, Colorado. “We’ll see down the road if this strategy it has embraced is the right one. It’s a marathon.”

To read entire article:

Bloomberg - Henry Kravis, Still Shaking Wall Street, Steers KKR Into Lending

http://www.bloomberg.com/news/2014-06-17/kravis-still-shaking-wall-street-steers-kkr-into-lending.html

Please Note:

The information presented is for illustrative and educational purposes only. You should not assume that an investment in the securities mentioned was or would be profitable in the future. This information is not a recommendation to buy or sell. For private equity companies mentioned in this article, as of April 30, 2014: Apollo Global Management LLC (APO), Blackstone Group LP (BX), The Carlyle Group (CG), KKR & Co. LP (KKR) - Red Rocks Capital holds positions. Fortress Investment Group LLC (FIG) - Red Rocks Capital does not hold positions.

Contact Us

Red Rocks Capital
  • 1290 Broadway, #1100
  • Denver, CO 80203
  • 303.679.8252
Media Contact
  • Jen Molgano
  • 617.648.0948