KKR to Expand Long-Term Ownership to Infrastructure, Real Assets
KKR & Co. is planning to expand its long-term ownership unit to include investments in infrastructure and real assets.
What the firm is trying to build at its Strategic Holdings arm 'is in some ways a mini Berkshire Hathaway,' Co-Chief Executive Officer Joe Bae said Wednesday at the Bloomberg Invest conference in New York. KKR created the unit to hold 18 long-term private equity bets that pay out regular dividends.
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