KKR takes covid-19 hit on flagship credit funds and lev fin

By Dan Alderson

Thursday, May 07, 2020

KKR took a 16% hit to returns on its alternative credit flagship funds amid the first quarter coronavirus downturn and a 13% loss on leveraged credit, taking these into negative territory for the last 12 months. The firm's private equity portfolio also slumped by 12%

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TAGS: Europe High yield bonds Investment grade credit CLO Credit derivatives Leveraged loans Fundraising KKR Credit Performance North America Coronavirus crisis 2020

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