Investors

KKR posts 7% gross alternative credit returns in Q1

The private equity firm considers special situations, direct lending and mezzanine to be its core alternative credit strategies.

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KKR generated a high single-digit blended gross internal rate of return across its three alternative credit strategies for the last 12 months, the firm reported on Wednesday.

That figure is across three of the New York-based firm’s main credit vehicles: Special Situations Fund II, Lending Partners II and Private Credit Opportunities Partners II.