BX - KKR Becomes A Corporation In A Few Days - What Should We Expect?
In just a few days KKR (KKR) will officially become a corporation, joining the ranks of Ares Management (ARES) in becoming a publicly traded private equity corporation. In anticipation, it seems the initial boom in stock price since its announced change on May 3rd has held steady and increased, amid a few other specs of positive business news and deals since.
KKR data by YChartsAs shown, KKR's net performance since its announcement has had a +7.62% premium over the broader S&P 500, +4.84% over the next best public equity performer,