{"id":8226,"date":"2008-07-29T00:00:00","date_gmt":"2008-07-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"kkr-aims-to-catch-blackstone-with-offering-new-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2008\/kkr-aims-to-catch-blackstone-with-offering-new-funds.html","title":{"rendered":"KKR Aims to Catch Blackstone With Offering, New Funds"},"content":{"rendered":"<p>Bloomberg- Henry Kravis is taking KKR &amp; Co. public and moving into real estate and stock funds as he tries to catch up with Stephen Schwarzman&#8217;s Blackstone Group LP, the world&#8217;s largest private-equity firm.             <\/p>\n<p>KKR, co-founded by Kravis in 1976, relied on leveraged buyouts for 95 percent of profit last year, compared with 29 percent for Blackstone. <\/p>\n<p>That has left the New York-based firm more vulnerable to the collapse of the LBO market, where announced deals fell more than 70 percent to $163.1 billion this year through July 25 from the same period in 2007, data compiled by Bloomberg show.     <\/p>\n<p><a title=\"Read Complete Article\" target=\"_blank\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=newsarchive&#038;sid=a0yH731BR0Wo\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg- Henry Kravis is taking KKR &amp; Co. public and moving into real estate and stock funds as he tries to catch up with Stephen Schwarzman&#8217;s Blackstone Group LP, the world&#8217;s largest private-equity firm. KKR, co-founded by Kravis in 1976, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[310,287,1793,402,357,81,217,286,439,1537],"class_list":["post-8226","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-100-million","tag-asyst-technologies-inc","tag-fund-index","tag-investment-firm","tag-japan","tag-newcastle","tag-pension-fund","tag-steve-moyer","tag-sumitomo","tag-tennenbaum-capital-partners"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8226"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8226\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}