KKR Reports Record Third-Quarter Fee-Related Earnings of $1.3 Billion
Fee-related earnings rose 27% year over year, driven by management fee growth and fee-related performance revenues. Management fees increased 23% to $4.8 billion on a trailing twelve-month basis.
KKR posted record fee related earnings of $1.3 billion in the third quarter, up 27% year-over-year, driven by management fee growth and fee related performance revenues. Management fees increased 23% to $4.8 billion on a trailing twelve-month basis, reflecting an expansion in fee paying AUM from or…