NEW YORK (AP) — Reflecting gains in financial markets, investment manager KKR & Co. L.P.’s fourth-quarter profit grew as it marked up the value of the companies and other assets it owns, and earned more fees from them.

The New York-based company’s profit more than doubled, totaling $96.7 million, or 36 cents per share, in the three months through Dec. 31. In the same months last year, profit came to $46.1 million, or 20 cents per share.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?

Dig Deeper


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.