KKR & Co Inc at Goldman Sachs Financial Services Conference (Virtual) Transcript

Dec 06, 2023 / 01:40PM GMT
Alexander Blostein - Goldman Sachs Group, Inc., Research Division - Lead Capital Markets Analyst

Great. Okay. Well, good morning, everybody. Thank you for joining our next session. It's my pleasure to welcome Scott Nuttall, KKR's Co-CEO. Over the last several years, KKR has evolved into one of the most diversified global alternative asset managers with over $530 billion in AUM and robust capabilities across private equity, real assets and private credit.

Despite what obviously has been a challenging backdrop for the industry, KKR has raised over $50 billion of capital over the last 12 months. And that's without any contribution from the firm's largest flagship products, putting the firm in a really strong position as you guys enter 2024.

KKR also made a couple of important announcements just last week, buying the remaining stake of Global Atlantic, the firm's insurance partnership and enhancing its reporting and laying ground for demonstrating more recurring earnings growth. And I think Scott will kick us off with a couple of slides, and then we'll jump into the Q&A.

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