Deals
KKR Finds an Activist at Its Gate as ValueAct Reveals Stake
- ValueAct owns almost 5 percent of KKR via derivatives: Morfit
- KKR reported first-quarter profit, topping estimates Thursday
NYSE on Feb. 6, 2017 in New York City.
Photographer: Spencer Platt/Getty ImagesThis article is for subscribers only.
KKR & Co., the original Barbarian at the Gate, now has an activist knocking on its own front door.
ValueAct Capital Management has amassed a stake in the buyout giant in an investment that puts KKR co-founders Henry Kravis and George Roberts in an unfamiliar position: Under an investor’s spotlight rather than holding the torch themselves.