KKR Announces Income From Monetization Activity In Excess Of $535M With Respect To The Period From July 1, 2024 Through September 23, 2024
Portfolio Pulse from Benzinga Newsdesk
KKR announced over $535 million in income from monetization activities from July 1 to September 23, 2024. The Asset Management segment contributed over $450 million, while the Strategic Holdings segment added $85 million. The income was driven by public secondary sales, strategic transactions, dividends, and interest income.
September 23, 2024 | 8:20 pm
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KKR reported significant income from monetization activities, totaling over $535 million for Q3 2024. This includes $450 million from the Asset Management segment and $85 million from Strategic Holdings, driven by public sales and strategic transactions.
The announcement of over $535 million in income from monetization activities is a positive indicator of KKR's financial health and operational success. The significant contributions from both the Asset Management and Strategic Holdings segments suggest strong performance and effective strategic decisions. This is likely to positively impact KKR's stock price in the short term.
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IMPORTANCE 80
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