Private equity firm KKR swings to loss amid financial crisis
Wednesday, June 10th, 2009BLOOMBERG
Tuesday, Jun 02, 2009, Page 10
KKR & Co, Henry Kravis and George Roberts’ private equity firm, swung to a loss last year as leveraged buyouts dried up amid the credit crisis.
The New York-based firm had US$1.2 billion in losses compared with pretax economic net income of US$815 million the previous year, KKR said in a [...]
