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Showing 21 - 30 of 85 results for "KKR"

Colonial First State appoints inaugural chief executive

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... the overall day to day business. He said it is consistent with the plan that was put in place with shareholders in 2021 when KKR took over 55% of the group. The new recruit is to commence in the role on January 15, until which Coombe will remain as executive ...

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
KKR Real Estate Finance Trust Inc (KREF) has recorded a $29.7 million (US$20 million) loss in its second quarter ending June 30. KKR & Co. said its integrated real estate platform saw a loss of $0.37 per diluted share. When adjusted for non-recurring ...

UniSuper spends $1bn on European mobile towers

ANDREW MCKEAN  |  MONDAY, 8 MAY 2023
... is both an anchor tenant and major shareholder of the company. A consortium led by Global Infrastructure Partners (GIP) and KKR recently entered into an agreement with Vodafone to invest in Vantage Towers. UniSuper joined the consortium through its relationship ...

KKR halts REIT withdrawals

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
KKR & Co. has slowed down investor withdrawals from its US$1.6 billion KKR Real Estate Select Trust Inc. (KREST) following a high volume of redemption requests. The halt strengthens views that REITs are in hot water following last month's withdrawal ...

New credit fund targets Australia

CHLOE WALKER  |  FRIDAY, 11 NOV 2022
... ourselves at the forefront of the evolving regional asset management industry," he said. In similar news, just last month, KKR and UAE sovereign investor Mubadala announced a strategic partnership aimed at deploying capital into credit solutions in the ...

KKR, Mubadala in $1.6bn APAC partnership

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
KKR and sovereign investor Mubadala Investment Company are exploring private credit co-investment opportunities in the Asia Pacific region. The two entities have signed a strategic partnership aimed at deploying at least $1.58 billion (US$1bn) of capital ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... chain disruptions. In May 2020 the bank entered into an agreement to sell a 55% interest in Colonial First State (CFS) to KKR. The sale was completed last December and resulted in a post-tax gain of $840 million (net of transaction and separation costs). ...

KKR appoints director, client and partner group

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
Global investment firm KKR has named Matthew Rooney as a director in its client and partner group. The credit specialist and relationship manager will cover Australia and New Zealand while based in Sydney. Rooney joins from Pendal Group where he worked ...

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
Industry super fund HESTA has announced it is part of a consortium led by KKR to acquire all the issued share capital of Ramsay Health Care. At the time of writing, Ramsay Health Care's share price rose 2.45% following the HESTA announcement. HESTA ...

KKR acquires real estate manager

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
KKR will acquire one of the largest real estate managers in Japan, after signing a deal with Mitsubishi and UBS. KKR is acquiring all the outstanding shares of Mitsubishi Corp.-UBS Realty (MC-UBSR) from Mitsubishi and UBS Asset Management in an all-cash ...