Professional
Added to YB: 2019-07-15
Pitch date: 2019-07-15
KKR [bullish]
KKR & Co. Inc.
+452.69%
current return
Author Info
1 Main Capital is a long-biased investment partnership that invests primarily in high-quality, attractively valued, growing businesses. Visit their fund website.
Company Info
KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments.
Market Cap
$115.4B
Pitch Price
$24.72
Price Target
N/A
Dividend
0.57%
EV/EBITDA
N/A
P/E
54.68
EV/Sales
N/A
Sector
Capital Markets
Category
growth
1 Main Holdings top holding: KKR (KKR)
KKR & APO: Alt asset mgrs w/ $200B & $300B AUM to benefit from shift to private investments. High recurring fees, 50%+ op margins, wide moats. Converting to corps broadens investor base. Misunderstood due to complex accounting & recession fears, but deployed capital in past downturns boosted long-term fund performance. 12x & 11x 2020 DE, mid-teens earnings growth expected.
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