ARES - How Has KKR's New Corporate Stock Structure Been Faring?
After over 8-years as a publicly traded partnership, KKR (KKR) has now joined the ranks of Ares Management (ARES) in becoming a private equity company traded as a public corporation. Since its official shift on July 1, the company has abandoned the standard restricted rights partnership stock that has caused so much befuddlement and tax compliance difficulties for investors and left it off of high-demand indexes, employer plans, funds, and directories.
While the nature of the long-term benefit of a corporate shift from private equity partnership remains uncertain due to the