KKR (KKR) investor relations material

Key highlights and growth drivers

• Operates in markets with strong long-term secular tailwinds and multiple growth avenues across asset classes and geographies.

• Differentiated business model combining asset management, insurance, and strategic holdings, generating long-term earnings potential.

• Record results in fee related earnings, total operating earnings, and adjusted net income per share on both quarterly and LTM basis.

• New capital raised and capital invested reached all-time highs, with continued growth in management fees.

• Highest monetization quarter in history, with significant latent earnings potential and record dry powder.

Business overview and culture

• Global investment firm with $796 billion in AUM, 4,200 employees, and 36 global offices across four continents.

• Multi-asset expertise in credit & liquid strategies ($331bn), private equity ($255bn), and real assets ($211bn).

• Unique “One Firm” culture with high employee ownership (~30% of stock), fostering alignment and collaboration.

• Emphasis on teamwork, innovation, and a single P&L and compensation pool to maximize impact.

Financial performance and operating metrics

• 2Q'26 LTM management fees up 26%, fee related earnings up 37%, and adjusted net income up 40% year-over-year.

• Assets under management grew 16% to $796 billion; new capital raised up 22% to $133 billion.

• Capital invested increased 25% to $104 billion, with uncalled commitments up 24% to $143 billion.