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KKR takes covid-19 hit on flagship credit funds and lev fin
5 years ago
KKR took a 16% hit to returns on its alternative credit flagship funds amid the first quarter coronavirus downturn and a 13% loss on leveraged credit, taking these into negative territory for the last 12 months. The firm's private equity portfolio also slumped by 12% -
Credit Rendezvous: recovery begins, but is it U, V or even W?
5 years ago
Investing in credit is not as easy as ABC. The coronavirus crisis has crushed valuations and although most assets will eventually pull to par, no one is sure how the recovery will pan out
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