Feb. 20 at 8:55 PM
KKR executives are showing confidence by buying
$35 million in company stock. Co-CEOs Joseph Bae and Scott Nuttall purchased
$25.6 million this week, while board directors Matt Cohler and Timothy Barakett bought
$4.5 million and
$5.2 million, respectively. A KKR spokesperson said the purchases reflect the leadership team’s confidence in future performance.
Alternative asset managers have struggled in 2026: KKR and Blackstone are down 21%, Ares Management -23%, and Apollo Global -17%. Concerns arose after Blue Owl Capital halted quarterly redemptions at a private-credit fund, prompting declines for private-credit-focused firms.
KKR’s BDC, FS KKR Capital, is down 13% this year and 45% over the past 12 months, trading at a steep discount to portfolio asset value.
$KKR $BX $ARES $APO