KKR the beginning - $KKR (+1,07 %)

As luck would have it, when I bought new WMF cutlery at the beginning of 2015, I saw the KKR logo for the first time. I didn't know this company and wondered what it had to do with WMF. I started googling and soon I knew what KKR was all about. One of the world's largest and best-known investment companies.

That was probably the moment when I discovered my passion for stock market investing.

I was green behind the ears and without any know-how I opened an account/securities account with ING-Diba. Now I was ready to start.

I transferred €14,ooo to the ING account - immediately after the money was credited, I bought 700 shares at €18.46. A good decision, as it turned out later.

Since then I have made several good and bad stock market decisions, but I don't want to digress here. - Current path - keep the (too many) individual stocks and stop investing. Only the $FLXI (-1,21 %) Franklin Templeton FTSE India ETF

and favorite of many getquin disciples $VWRL (+0,18 %) Vanguard FTSE All-World UCITS ETF I save €3,ooo-5,ooo per month.

On to the subject of KKR.

A blind chicken: Without having dealt with KKR significantly, I could generate a 400% PLUS by mid-2024. When I bought it at the time, I just thought it was cool to be invested in so many companies. At that time, the term ETF was still foreign to me.

I then sold a large proportion of the 700 shares in June 2024, as I needed the money proportionately for a rental property. All in all, a good decision.

I have no idea why I'm writing this here. ☹

I wanted to share my decision-making process for an equity investment with you. 😊

Now a little background on the investment company KKR.

1. who is KKR?

KKR (Kohlberg Kravis Roberts & Co.) is one of the largest and best-known investment companies in the world. The company was founded in 1976 by Jerome Kohlberg, Henry Kravis and George Roberts in New York. KKR is best known for its private equity dealsin which they buy companies, restructure them and later sell them at a profit. In addition to private equity, KKR also invests in areas such as infrastructure, real estate and loans.

• Founding: 1976
• Headquarters: New York, USA
• Focus on: Long-term value enhancement through corporate restructuring

Source : KKR WebsiteKKR Website https://www.kkr.com/

2. investments of KKR and their shares

KKR has numerous investments worldwide and in various sectors. These include technology companies, healthcare companies and industrial groups.

• Examples:
• Technology: Investments in ByteDance (TikTok) and GoDaddy.
• Healthcare : HCA Healthcare, Zimmer Biomet.: HCA Healthcare, Zimmer Biomet.
• IndustryHitachi Transport Systems, Gardner Denver.

The size of the stakes varies, with KKR often holding between 20 % and 80 % of the companies. These holdings depend on the deal structure and the investment objective.

SourceKKR annual reports.

3. development of KKR in the last 10 years

KKR has shown strong growth over the last 10 years:

• Asset managementIn 2023, KKR managed around USD 500 billion.
• International expansion: KKR has set up and invested in new funds, particularly in Asia and Europe.
• Broader business areas: In addition to private equity, KKR is now also investing more in alternative asset classes and ESG-compliant investments.

SourcesFinancial Times

4. dividend policy of KKR

KKR pays regular dividends to its shareholders, which is attractive to many investors. In recent years, the dividend yield has been between 1.5% and 3%.

• Regular distribution: KKR has paid dividends continuously since its IPO in 2010.
• Rising dividends: Dividends have risen in line with earnings growth in recent years.

SourcesKKR Investor Relations, Traderfox https://aktie.traderfox.com/visualizations/US48251W1045/EI/kkr-co-corp

5. ETFs with KKR holdings

There are some ETFs that either directly hold shares in KKR or include companies in which KKR is invested:

• Vanguard Total Stock Market ETF (VTI)Contains direct holdings of KKR.
• iShares Core S&P 500 ETF (IVV)Indirectly invested via KKR companies.
• Invesco QQQ ETF (QQQ)Contains technology companies in which KKR invests.

SourcesETF.com https://www.etf.com/stock/KKR

6. future development of KKR - my humble opinion

The future of KKR looks promising:

• DiversificationKKR is focusing on new, high-growth sectors such as technology and renewable energies.
• Growing demand: More and more investors are looking for alternative investments, which benefits KKR.
• Global expansionKKR continues to invest heavily in emerging markets such as Asia and Latin America.

Of course, regulatory changes or economic downturns could pose challenges. Overall, however, KKR is well equipped for the future thanks to its experience and market position.

Here's to the next 400% 😊