Direct lending, ABF drive KKR’s Q2 credit fundraising

The firm's inflows were driven by its acquisition of Global Atlantic, as well as asset-based finance, direct lending and CLOs.

KKR’s credit and liquid strategies, part of the asset management segment of its business, raised $12 billion of new capital, accounting for one-third of all inflows into the business during the second quarter of 2024.

Overall, KKR raised $32 billion in the quarter, and has now raised $108 billion over the last 12 months.