Kohlberg Kravis Roberts & Co. L.P.
- Regulatory AUM
- $400B
- Discretionary
- $397B
- Clients
- 218
- Avg AUM / client
- $1.8B
- Accounts
- 227
- Employees
- 2,593
AUM over time
Annual snapshots from Form ADV filings · as of Jun 05, 2026
Asset allocation (SMA assets by investment type)
as of Jun 05, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 209 | $345B | 86.3% |
| Insurance companies | 9 | $54.8B | 13.7% |
Private funds (478)
View all →Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $342B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Kkr North America Fund Xiii Scsp master | Private Equity Fund | Luxembourg | $18.4B | 992 |
| Kkr Spn Investments L.P. | Private Equity Fund | Cayman Islands | $16.3B | 2 |
| Kkr Asian Fund Iv Scsp master | Private Equity Fund | Luxembourg | $13.9B | 433 |
| Kkr Americas Fund Xii L.P. master | Private Equity Fund | Cayman Islands | $13.8B | 281 |
| Kkr Global Infrastructure Investors Iv (Usd) Scsp master | Private Equity Fund | Luxembourg | $12.0B | 733 |
| Kkr Asian Fund Iii L.P. master | Private Equity Fund | Canada | $9.9B | 223 |
| Kkr Milton Strategic Partners L.P. | Private Equity Fund | Cayman Islands | $7.7B | 1 |
| Kkr Asia Pacific Infrastructure Investors Ii Scsp | Private Equity Fund | Luxembourg | $7.4B | 94 |
| Kkr Core Investors (H) L.P. | Hedge Fund | Cayman Islands | $5.6B | 1 |
| Kkr European Fund V (Usd) Scsp master | Private Equity Fund | Luxembourg | $4.9B | 125 |
| Kkr Banff Aggregator L.P. | Private Equity Fund | Delaware | $4.5B | 18 |
| Kkr Global Infrastructure Investors Iii L.P. | Private Equity Fund | Cayman Islands | $4.5B | 111 |
| Kkr Core Investors (C) L.P. | Hedge Fund | Cayman Islands | $4.5B | 1 |
| Cps Managers Fund (Us) L.P. master | Private Equity Fund | Delaware | $4.4B | 27 |
| Kkr Diversified Core Infrastructure Master Fund (A) Scsp master | Private Equity Fund | Luxembourg | $4.3B | 58 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Sheet Metal Workers' Local 100 Washington, D.C. Area Pension Fund Bd Ttees Sheet Metal Workers' Local 100 Washington | 2024 | |
| Operating Engineers Local 101 Pension Fund Board Of Trustees Of Operating Engineers Local 101 Pension Fund | 2024 | |
| I.B.E.W. Local Union # 654 Defined Benefit Pension Plan Ibew Lu 654 Pension Fund Trustees | 2024 |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kravis, Henry, R | Executive Co Chairman | Oct 2009 (17y) | Less than 5% | |
| Roberts, George, Rosenberg | Executive Co Chairman | Oct 2009 (17y) | Less than 5% | |
| Karpati, Bruce | Global Chief Compliance Officer & Counsel | Apr 2014 (12y) | Less than 5% | |
| Bae, Joseph, Yong | Co Chief Executive Officer | Jul 2017 (9y) | Less than 5% | |
| Nuttall, Scott, Charles | Co Chief Executive Officer | Jul 2017 (9y) | Less than 5% | |
| Lewin, Robert, Howard | Chief Financial Officer | Jan 2020 (7y) | Less than 5% | |
| Stork, Ryan, David | Chief Operating Officer | Jan 2022 (5y) | Less than 5% | |
| Sudol, Kathryn, King | Chief Legal Officer | Sep 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Kkr Group Partnership L.P. | Limited Partner Of Kohlberg Kravis Roberts & Co. L.P. | Jan 2020 | A | 75% or more |
| Kkr & Co. Gp Llc | General Partner Of Kohlberg Kravis Roberts & Co. L.P. | Jan 2020 | A | Less than 5% |
| Kkr Group Co. Inc. | Shareholder Of Kkr Group Holdings. Corp. | Jul 2018 | B | 75% or more of Kkr Group Holdings Corp. (indirect) |
| Kkr Group Partnership L.P. | Sole Member Of Kkr Holdco Llc | Jan 2020 | B | ≈ 0% – 5% via Kkr Holdco Llc |
| Kkr Holdco Llc | Sole Member Of Kkr & Co. Gp Llc | Jan 2020 | B | ≈ 0% – 5% via Kkr & Co. Gp Llc |
| Kkr & Co. Inc. | Shareholder Of Kkr Group Co. Inc. | May 2022 | B | 75% or more of Kkr Group Co. Inc. (indirect) |
| Kkr Group Holdings L.P. | Limited Partner Of Kkr Group Partnership L.P. | Jan 2020 | B | ≈ 18.75% – 50% via Kkr Group Partnership L.P. |
| Kkr Group Holdings Corp. | General Partner Of Kkr Group Partnership L.P. | Jan 2020 | B | GP / trustee / elected manager of Kkr Group Partnership L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Kkr Group Partnership L.P.: 75% – 100% of Kkr Holdco Llc × 75% – 100% of Kkr & Co. Gp Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Kkr Holdco Llc: 75% – 100% of Kkr & Co. Gp Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Kkr Group Holdings L.P.: 25% – 50% of Kkr Group Partnership L.P. × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (478, $342B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Kkr North America Fund Xiii Scsp | Private Equity Fund | $18.4B | $1.0M | 992 |
| Kkr Spn Investments L.P. | Private Equity Fund | $16.3B | $0 | 2 |
| Kkr Asian Fund Iv Scsp | Private Equity Fund | $13.9B | $0 | 433 |
| Kkr Americas Fund Xii L.P. | Private Equity Fund | $13.8B | $0 | 281 |
| Kkr Global Infrastructure Investors Iv (Usd) Scsp | Private Equity Fund | $12.0B | $0 | 733 |
| Kkr Asian Fund Iii L.P. | Private Equity Fund | $9.9B | $0 | 223 |
| Kkr Milton Strategic Partners L.P. | Private Equity Fund | $7.7B | $0 | 1 |
| Kkr Asia Pacific Infrastructure Investors Ii Scsp | Private Equity Fund | $7.4B | $10.0M | 94 |
| Kkr Core Investors (H) L.P. | Hedge Fund | $5.6B | $0 | 1 |
| Kkr European Fund V (Usd) Scsp | Private Equity Fund | $4.9B | $0 | 125 |
| Kkr Banff Aggregator L.P. | Private Equity Fund | $4.5B | $1.0M | 18 |
| Kkr Global Infrastructure Investors Iii L.P. | Private Equity Fund | $4.5B | $0 | 111 |
| Kkr Core Investors (C) L.P. | Hedge Fund | $4.5B | $0 | 1 |
| Cps Managers Fund (Us) L.P. | Private Equity Fund | $4.4B | $0 | 27 |
| Kkr Diversified Core Infrastructure Master Fund (A) Scsp | Private Equity Fund | $4.3B | $0 | 58 |
| Kkr Core Investors Ii (H) L.P. | Hedge Fund | $4.1B | $0 | 1 |
| Kkr Core Investors Ii (C) L.P. | Hedge Fund | $4.0B | $0 | 1 |
| Kkr Health Care Strategic Growth Fund Ii Scsp | Private Equity Fund | $4.0B | $0 | 167 |
| Kkr European Fund Vi (Usd) Scsp | Private Equity Fund | $3.9B | $0 | 100 |
| Thunderbird 2021 1 Financing L.P. | Securitized Asset Fund | $3.6B | $0 | 70 |
| Lightning 2021 1 Financing L.P. | Securitized Asset Fund | $3.6B | $0 | 70 |
| Kkr Ascendant Fund Scsp | Private Equity Fund | $3.6B | $10.0M | 101 |
| Kkr European Fund Vi (Eur) Scsp | Private Equity Fund | $3.6B | $0 | 106 |
| Kkr Asia Pacific Infrastructure Investors Scsp | Private Equity Fund | $3.4B | $0 | 52 |
| Kkr Diversified Core Infrastructure Master Fund (B) Scsp | Private Equity Fund | $3.2B | $0 | 51 |
Top 25 of 478 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Retirement plans served (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Sheet Metal Workers' Local 100 Washington, D.C. Area Pension Fund | Bd Ttees Sheet Metal Workers' Local 100 Washington | 1,336 | $392M | 04/01/2024 |
| Operating Engineers Local 101 Pension Fund | Board Of Trustees Of Operating Engineers Local 101 Pension Fund | 3,625 | $1.0B | 01/01/2024 |
| I.B.E.W. Local Union # 654 Defined Benefit Pension Plan | Ibew Lu 654 Pension Fund Trustees | 403 | $152M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/05/2026 | 86.4 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE SEC ALLEGED THAT FROM 2006 TO 2011, KKR DID NOT EXPRESSLY DISCLOSE IN ITS PRIVATE EQUITY FUND LIMITED PARTNERSHIP AGREEMENT THAT IT DID NOT ALLOCATE BROKEN DEAL EXPENSES TO KKR CO-INVESTORS. THIS LACK OF DISCLOSURE RESULTED IN A MISALLOCATION OF EXPENSES TO KKR'S PRIVATE EQUITY FUNDS FROM 2006 TO 2011. KKR ALSO DID NOT ADOPT AND IMPLEMENT A WRITTEN COMPLIANCE POLICY OR PROCEDURE GOVERNING ITS FUND EXPENSE ALLOCATION PRACTICES UNTIL 2011. Status: Final Sanction Detail: THE ORDER IMPOSES A CIVIL PENALTY OF $10 MILLION AND DISGORGEMENT AND INTEREST PAYMENT OF $18.7 MILLION. THE PORTION LEVIED AGAINST KKR IS 100%. PURSUANT TO THE ORDER, THE PENALTY WILL BE PAID AND THE DISGORGEMENT AND PREJUDGMENT INTEREST WILL BE DEPOSITED TO AN ESCROW ACCOUNT WITHIN 10 DAYS OF THE ORDER. Summary: THE SEC ADMINISTRATIVE ORDER IS FINAL. THE CIVIL PENALTY WILL BE PAID WITHIN 10 DAYS OF THE ENTRY OF THE ORDER. THE DISGORGEMENT AND PREJUDGMENT INTEREST WILL BE FUNDED TO AN ESCROW ACCOUNT WITHIN 10 DAYS OF THE ENTRY OF THE ORDER AND WILL BE DISTRIBUTED IN THE FISCAL QUARTER IMMEDIATELY FOLLOWING THE ENTRY OF THE ORDER, BUT NO LATER THAN 90 DAYS OF THE DATE OF THE ORDER.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Publication of periodicals or newsletters
Custody
Reported custodians
- U.S. Bank $14.7B (4% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 05, 2026.
View current Form ADV (SEC/IAPD) ↗