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KKR Posts Record Earnings as Fundraising Hits $133B

Even as the private equity industry grapples with elevated interest rates and a growing backlog of unsold portfolio companies amid mounting concerns over artificial intelligence’s impact on the softwa

Summary

Even as the private equity industry grapples with elevated interest rates and a growing backlog of unsold portfolio companies amid mounting concerns over artificial intelligence’s impact on the software sector, KKR reported record earnings during the second quarter of 2026.

Fee-related earnings rose 37 percent annually to $1.

21 billion, thanks in part to management fees […]

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