Market Overview

KKR Announces Prisma Capital Partners Acquisition on Track to Close in October

KKR & Co. L.P. (NYSE: KKR), a leading global investment firm, today
confirmed that all necessary consents and regulatory approvals to
acquire Prisma Capital Partners LP ("Prisma") have been obtained and
that the closing is anticipated to occur in October 2012. KKR announced
its agreement to acquire Prisma, a leading provider of customized hedge
fund solutions, on June 18, 2012.

“We are pleased with Prisma's performance and business momentum since
announcing the transaction in June and we appreciate the support from
Prisma's clients. We believe that the combination of Prisma's deep
investment capabilities and KKR's global footprint will create a unique
offering in the market, and we look forward to Prisma becoming part of
KKR,”

See full press release

Posted-In: News Guidance M&A

 

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