KKR & Co. Inc. (KKR) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that KKR & Co. Inc. surfaced in its latest filing.

• In February 2026, KKR announced an agreement to acquire Arctos Partners, an investment management firm that invests in professional sports teams and provides strategic capital to other asset management firms, subject to regulatory and sports league approvals.February 2026
• In Q1 2024, the Company implemented strategic initiatives creating the Strategic Holdings business segment.Q1 2024
• In 2025, the Company announced changes to management of its insurance business to originate longer-duration liabilities and assets, including investing more into non-yielding or lower-yield asset classes like private equity and real assets, expanding outside the United States, and raising more third-party co-investment insurance capital.2025
• In the fourth quarter 2025, the Company realized a carried interest repayment related to its Asian Fund II.Q4 2025
• On July 4, 2025, the One Big Beautiful Bill Act was enacted, amending and extending provisions of the 2017 Tax Cuts and Jobs Act.July 4, 2025
• The EU adopted Pillar Two, requiring all 27 member states to implement local legislation effective for fiscal years beginning December 31, 2023.December 31, 2023
• Bermuda enacted a 15% corporate income tax on certain multinational enterprises effective for tax years beginning in 2025.2025
• In November 2023, NYSDFS finalized amendments to its cybersecurity regulations that significantly expanded regulation of data privacy matters.November 2023
• The Indiana Department of Insurance, as group-wide supervisor, informed the company it will be part of the IAIS Global Monitoring Exercise.
• Section 7874 limits the ability of Global Atlantic's U.S. holding company and affiliates to use certain U.S. tax attributes for ten years following the April 1, 2016 GAFL Reorganization.April 1, 2016
• The Sunset Date for elimination of Series I preferred stock will occur not later than December 31, 2026.December 31, 2026
• During the 2008-2009 global financial crisis, private equity fund valuations declined across all geographies with investments marked down to as low as 67% of original cost.2008-2009
• European Fund II, European Fund III, 2006 Fund, and Asian Fund reached multiples of invested capital as low as 0.5x, 0.6x, 0.7x, and 0.8x respectively as of March 31, 2009.March 31, 2009