KKR Group Finance Co. IX (KKRS)
Long-dated subordinated notes backed by guarantees from KKR's holding-company layer.
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Issued by a non-operating finance subsidiary, these long-dated subordinated notes fund the KKR group and carry holding-company guarantees. Payment depends on transfers from guarantors; operating businesses and affiliated funds do not guarantee the notes, and interest may be deferred under their terms.
Structured as long-dated subordinated debt due in 2061, the security was issued by a Delaware finance subsidiary with no standalone operating business or assets. Its role is to raise funding within the KKR group, rather than sell products or manage investments directly.
The guarantor platform spans Asset Management, Insurance, and Strategic Holdings globally. Asset Management covers private equity, real assets, credit and liquid strategies, and capital markets; Insurance operates through Global Atlantic.
Payment depends on intercompany transfers and subordinated guarantees from KKR & Co. and KKR Group Partnership. Revenue-generating businesses, affiliated funds, and their subsidiaries do not directly guarantee the notes. Interest can be deferred under the terms, and the issuer may redeem the security subject to specified conditions.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $10.52B · Total debt $0 · Total assets $414.46B · Shareholders' equity $80.45B
- Revenue
- $5.73B
- Operating income
- $4.09B
- Net income
- $0
Raised for 3 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Sep 15, 2026 | Sep 15 | Oct 1 | $0.2891 | upcoming |
| Jun 15, 2026 | Jun 15 | Jul 1 | $0.2891 | |
| Mar 13, 2026 | Mar 15 | Apr 1 | $0.2891 | |
| Dec 15, 2025 | Dec 15 | Jan 2 | $0.2891 | |
| Sep 15, 2025 | Sep 15 | Oct 1 | $0.2891 | |
| Jun 13, 2025 | Jun 15 | Jul 1 | $0.2891 | |
| Mar 14, 2025 | Mar 15 | Apr 1 | $0.2891 | |
| Dec 13, 2024 | Dec 15 | Jan 2 | $0.2891 | |
| Sep 13, 2024 | Sep 15 | Oct 1 | $0.2891 |
| Insiders1 holder · as of Feb 12, 2021 | 32.26% | 289.59M shares | |
| Strategic holders1 holder · as of Sep 2, 2026 | 1.42% | 12.74M shares | |
| Otherremainder | 66.32% | 595.30M shares |
897.64M company shares as of Sep 3, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Henry R. KravisInsider | 32.26% | 289.59M | 13G/Afiled Feb 12, 2021 ↗ |
Vanguard Capital ManagementInstitution | 5.64% | 50.65M | 13Gfiled Apr 30, 2026 ↗ |
KKR Alternative Assets LLCStrategic10 percent owner | 1.42% | 11.80M · 943,806 | Form 4filed Sep 2, 2026 ↗ |
BlackRock, Inc.Strategic | —6.70% of class, as filed | — | 13D/Gfiled Feb 8, 2022 ↗ |
FMR LLCStrategic | —3.43% of class, as filed | — | 13D/Gfiled Feb 13, 2019 ↗ |
| See all 25 → | |||
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
No open-market trades in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| KKR Group Finance Co. IX | $16.06 | +0.12% | $14.21B | — | — | 0.7 | — |
| Apollo Global Management | $129.65 | −2.03% | $76.20B | 29.6 | 13.5 | 2.1 | +63.7% |
| Blackstone | $137.00 | +0.12% | $165.28B | 30.4 | 21.3 | 10.3 | +2.4% |
| Brookfield Asset Management | $50.00 | +0.64% | $79.31B | 28.9 | 24.5 | 14.7 | +58.7% |
| Ares Management | $137.66 | −0.30% | $45.34B | 57.3 | 21.2 | 7.1 | +5.8% |
| The Carlyle Group | $47.16 | +1.33% | $16.97B | 49.0 | 11.4 | 4.3 | −29.3% |
| Median | 30.4 | 21.2 | 7.1 | +5.8% |