The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Freise: Only 15% of KKR's exits over past 15 years were IPOs
“Over the last 15 years, only 15% of our exits were actually IPOs.”
Freise: PE firms like KKR and Apollo acquired insurance capital for liquidity
“So basically we Apollo and others have now taken under our wings insurance companies that provide all this liquidity.”
Kanji: KKR Invested in Darktrace at a $400M Post-Money Valuation
“And, but you know, going back to that Darktrace round that KKR did, four million a month, so forty-eight million annualized, four hundred million dollar post, not pre-post.”
Kanji: Darktrace Monthly Revenue Grew From $1M to $4M Before KKR Round
“By the way, the Delta was, they'd gone from about a million a month at that point to about four million a month. So it was like super exponential growth in those early days.”
AppLovin Operated Without a Board From Founding Until KKR's 2018 Investment
“When we were private from 2011, when we started the business to 2018, when KKR invested and we got our first three person board, I didn't have a board.”
O'Driscoll: Carlyle and KKR Trade at Roughly 20% of AUM
“Carlisle and KKR, where they own all the economics, they roughly trade market cap, 20% of AUM.”
Freise: KKR's European deal scale grew from $1.5B for BMG to $10B for Axel Springer
“When I did the BMG deal, that was a one and a half billion deal for a 50% stake In that music company, you fast forward 10 years, and we had a ten billion deal to buy half of Axel Springer, which again was a fifty-fifty deal with the family.”