KKR to launch property fund IPO

Kohlberg Kravis Roberts, the US buy-out pioneer, has filed with the Securities and Exchange Commission for an $800m (€613m) initial public offering for KKR Financial, a property investment trust.

Kohlberg Kravis Roberts is the latest buy-out veteran looking to diversify their activities and to make their products more accessible to investors.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire