https://www.reuters.com/article/us-kkr-results-idUSKCN2501EX

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FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo. (Reuters) - U.S. private equity firm KKR & Co Inc ( KKR.N ) said on Tuesday that its second-quarter distributable earnings were flat year-on-year, beating many analysts’ expectations amid a rise in management and performance fees. KKR said after-tax distributable earnings (DE) of $326 million was in line with the $327 million posted a year earlier. This translated to after-tax DE per share of 39 cents, which was greater than the 36 cents that Wall Street analysts estimated on average, according to Refinitiv. Full story

4 August

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