FOLLOW$ THE BREAD :
I'm not a predictor ofpolitricKs; I'm so focused on growing our KKR brand,around the world. US->focus on growth businesses;owners are not hiring due to uncertainty around taxesand regulation. KKR IS NOT SYSTEMICALLY IMPORTANT.”
●Seeking more alpha, institutional investors are looking to invest in oil & gas, OWNINGTHE energy asset is a good hedge against inflation, infrastructure with lower returnbut something to build upon.●We are very disciplined in diversification, what we do and everything must tietogether KKR IS NOT SYSTEMICALLY IMPORTANT.●$1 billion for mezzanine finance, capital markets business (our own portfolio) forsmaller/mid-sized companies, 'hub & spoke' model●Where do you want to be 5 years from today and how do you get there!? Probablycan't exit investments today as quickly as in the past●There is financing available for the right transitions, be cautious, do homework,flexible financing & 100 day plan. -KKR starts with a very detailed 100 day plan, putin the proper metrics in to measure the company properly●Any fool clown can buy a company->what do you do with the business when you get it,how do you create VALUE?●KKR runs 14 offices worldwide, Delmonte Food acquisition, GoDaddy acquisition, Shalegas operators to partner with (who needed Capital). Private Equity use to be aboutbuying 100% of a company, today, you must be as flexible as possible, buy duringextreme pessimism.●Stay away from the ‘buggy whip’ and ‘pay-phones’ businesses. Private Equity is a teamsport-->all KKR Employees are owners of the firm, $2.5T industry.●Who wants this operational expertise/efficiencies and improvements? When debtmarkets tighten, cost of capital goes up, gross vs. net returns●ANALYSTS Freeman has an overweight rating on KKR, KIM has a buy rating on KKR,
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