KKR Group's strategic shift is worth paying attention to.
What is truly worth paying attention to is not KKR's performance itself, but its strategic shift. In just one week, KKR consecutively made moves: establishing a joint venture with Energy Capital Partners to build a data center in Texas, acquiring a stake in Harley-Davidson's financial business, launching equity wealth products with Capital Group, and making a big push into the field of medical patent licensing. The company also raised a $6.5 billion credit fund, focusing on providing financing for private asset-backed securities. These actions all point towards a strategic transformation by establishing countercyclical fee-based businesses, KKR aims to achieve sustainable recurring income. At the core of this strategy, the group's Global Atlantic insurance subsidiary contributed $277.9 million in profit.
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