KKR Has Less Market Exposure Than Feared, Making Shares Attractive

  • KKR's earnings are more stable than perceived, with fee-based revenue providing resilience against market volatility and downturns. Assets under management continue to grow, driven by strong fundraising, new product launches, and increased perpetual capital, supporting double-digit earnings growth. Performance fees and investment income are a small part of overall earnings, reducing KKR's cyclicality and downside risk in turbulent markets.