Shares in Amsterdam-listed KKR Private Equity Investors jumped 28% this morning on the back of news that the US buyout firm Kohlberg Kravis Roberts is to buy the listed vehicle as part of a flotation in New York at the end of this year.

Yesterday, the US private equity group announced that it would buy the assets of KPE, which invests in KKR's funds and investments, before dissolving it prior to floating in New York in the fourth quarter.