Feb. 28 at 12:05 PM
The
$KKR business model has 3 reporting segments - (i) Asset Management, (ii) Insurance, and (iii) Strategic Holdings. Credit & Liquid Strategies is just one part of Asset Management; along with P/E, Real Assets, Capital Markets, and Principal Activities.
There are 19 companies in Strategic Holdings - 34% Business Services, 26% Consumer, 17% Healthcare, 14% TMT, 6% Infrastructure, 3% Industrials.
If this SaaS fear continues, it MIGHT affect the Business Services portion of Strategic Holdings but that's not a major part of the overall business model, as it could be for the smaller companies.
There's no reason to sell other than illogical fear.
