Kkr & Co. Inc. · NYSE:KKR
Kkr & — Investor Presentation (June 2009)
8 slides from Kkr &'s investor presentation, Jun 1, 2009
Slide 1: Investor Update May 2009
Kd) Investor Update May 2009
Slide 2: KKR Overview
KKR Overview KKR manages over $47.3bn of AUM Structure of capital base yields recurring fee stream Over 94% of capital has a contractual life of at least 10 years Over 90% of private equity management fees are based on committed or invested capital, not fair market value Little sensitivity to market
Slide 3: Dry Powder and Growth Opportunities
Dry Powder Growth Opportunities KKR currently has $15.4bn of uninvested capital across three geographical funds Europe: $6.2bn, US: $6.1bn1, Asia $3.1bn KKR recently demonstrated its ability to successfully deploy capital, announcing on May 7 an agreement to buy Oriental Brewery in South Korea for $
Slide 4: Summary KKR Historical Financials
Summary KKR Historical Financials Note: Financial statements through 2007 reflect 65% ownership of Fixed Income business which is 100% owned by KKR as of 30-Jun-2008 (1) This represents segment information (2) Adjusted figures include non-controlling interest in Fixed Income business. As of 30-Jun-2
Slide 5: Top 10 Portfolio Companies
Sep-07 $2,325 May-07 2,128 Dec-02 575 Date of Investment Cost (as of 31-Mar-2009) Investment 1,384 1,314 Fair Value $1,395 Jul-07 1,017 1,323 Nov-06 916 916 FY Growth Sales EBITDA Current Leverage1 +9% +5% 9.3x +12% +11% 7.3x +10% +34% 4.1x 2 +2% +2% 2.1x +6% 0% 5.4x Top 10 Portfolio Companies Note:
Slide 6: Top 10 Portfolio Companies (Cont'd)
Jul-07 997 Feb-06 512 Dec-05 384 798 678 653 Oct-07 $1,817 Jul-07 1,118 $908 894 +13% (7%) 8.6x +13% 2 +15% 2 6.5x 2 N/A 3 N/A 3 N/A 3 (1%) +5% 3.9x 4 +11% +7% 1.5x 5 Top 10 Portfolio Companies (Cont’d) Note: Cost and fair value figures are for KKR’s funds only and exclude KPE’s co-investments as we
Slide 7: KKR Private Equity Funds Track Record
KKR Private Equity Funds (as of 3/31/09) ($ in millions) Track Record Note: Past performance is no guarantee of future results Committed Realized Unrealized Multiple of Closing Fund Size To-Date Value Value Total Value Gross IRR Capital Active Funds European Fund II 2005 $ 5,751 $ 5,751 $ 563 $ 2,34
Slide 8: Forward Looking Information
Forward Looking Information This presentation contains certain forward-looking statements. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The