KKR To List Shares On The NYSE

Private Equity firm KKR & Co. filed to list its shares on the New York Stock Exchange. The firm's existing publicly traded unit in Amsterdam will be dissolved and current shareholders will recieve one U.S. share for each share that they already own. This will result in 30% ownership of the firm by shareholders, and 70% by KKR executives.

“Our decision to pursue a U.S. listing is based on our conclusion that the U.S. listing will benefit KKR Guernsey unitholders over the long term,” the 34-year-old firm said in today’s filing. “The U.S. listing offers the opportunity to invest in our business, attract and incentivize world-class people, and enhance the diversity, scale and capital of our business.”