Finance

KKR’s Nuttall Says Firm Making Shopping List Amid Market Turmoil

WATCH: KKR co-CEO Scott Nuttall discusses the firm’s lessons learned from prior investments as he expects to see a k-shaped industry emerging for alternative asset managers.Source: Bloomberg

KKR & Co. Co-Chief Executive Officer Scott Nuttall said the firm is making its shopping list as it looks for opportunities to capitalize on current market volatility, but cautioned it’s not quite time to move.

“It’s all about being ready,” Nuttall said in a live taping of Bloomberg Deals at the Bloomberg Invest conference Wednesday in New York. “You’ve got to create your shopping lists. That’s what we’re focused on.”