KKR & CoNYSE: KKR

Lighthouse, a top commercial intelligence platform for the travel and hospitality sector, has announced a growth investment of around $370 million, led by the global investment firm KKR. This funding will help Lighthouse enhance its commercial strategy in the $15 billion travel and hospitality technology market. The investment will also support ongoing product innovation and strategic acquisitions for the company.

KKR, a private equity firm, has increased its offer price to buy the Japanese software company Fuji Soft to 9,451 yen ($60.86) per share, up from the previous price of 8,800 yen, as announced by the Japanese company on Friday.

KKR's stock has more than doubled over the last year because of strong cash flow and inflows, but now might be a good time to take profits. The company showed impressive financial results, with a 50% rise in adjusted net income and notable growth in assets under management and management fees. However, the recent increase in stock price may be based on overly positive expectations, which means there is little margin for safety, leading to a recommendation to sell.

FSK has been my top choice for a BDC in 2024, and it has performed well so far. The results from Q3 2024 show that there are still good opportunities ahead.

On November 6, 2024, FS KKR Capital Corp. announced its financial results for the quarter ending September 30, 2024, including a declared distribution of $0.70 per share. The company reported a net investment income of $0.77 per share, which remained the same as the previous quarter, while the net asset value slightly decreased to $23.82 per share. Additionally, the earnings per share increased to $0.57, compared to $0.37 in the prior quarter.

On Wednesday, a source revealed that the private equity firm KKR has acquired over one-third of the shares in the Japanese software company Fuji Soft after completing the first phase of its two-part buyout offer.

LONDON--(BUSINESS WIRE)--KKR, a global investment firm, has announced that Georgia Rankin will join as an Executive Advisor. She will collaborate with KKR's European Private Equity team to enhance innovation and improve executive talent management for the firm's portfolio companies and potential investments. Her role will involve developing strong relationships with leading CEOs and senior executives to boost KKR's reputation as a reliable strategic partner.

The Federal Reserve has begun lowering interest rates. If rates continue to drop, FSK's debt investments may gain value, which could raise its net asset value (NAV) and share price since FSK is currently trading at a 15.91% discount to NAV. Additionally, FSK is still providing a special distribution alongside its $2.56 base distribution, and the net investment income (NII) it generates might enable it to continue these special distributions until 2025.

The U.S. investment firm KKR is discussing with the struggling British utility Thames Water and its advisors about joining a £3 billion ($3.88 billion) share sale. This sale is part of a larger plan to recapitalize the company, according to a report from Sky News on Saturday.