KKR (KKR) late Monday said its asset management division earned more than $475 million in total realized performance income and total realized investment income from Jan. 1 through March 24.
The company said the quarter-to-date monetizations increased 15% over reported levels during the Q1 2024, and have been split about 60/40 between realized performance income and realized investment income, respectively.
These monetizations are driven by a combination of public secondary sales and strategic transactions as well as dividends and interest income.
KKR cautioned that its performance and investment incomes so far during Q1 should not be used to predict its overall financial performance for either the current quarter, or 2025.