Money Street News


KKR & Co.’s business of arranging financing for its portfolio companies and other firms reported record annual fees last year, driven by growth in structured-credit transactions.

The capital markets unit, led by Adam Smith, booked $1 billion of fees for 2024, up from $577.6 million a year earlier, the alternative asset manager said in a statementBloomberg Terminal Tuesday, when it reported fourth-quarter results.



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