KKR & Co. Inc. (KKR) Q4 2025 Earnings Call

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WEBVTT 00:00:00.858 -- 00:00:02.960 Ladies and gentlemen, thank you for standing by. 00:00:02.960 -- 00:00:08.986 Welcome to KKR's fourth quarter 2025 earnings conference call. 00:00:08.986 -- 00:00:13.872 During today's presentation, all parties will be in a listen-only mode. 00:00:13.872 -- 00:00:18.897 Following management's prepared remarks, the conference will be open for questions. 00:00:18.897 -- 00:00:22.661 If anyone should require operator assistance during the conference, please press star 00:00:22.661 -- 00:00:25.444 zero on your telephone keypad. 00:00:25.444 -- 00:00:29.174 As a reminder, this conference is being recorded. 00:00:29.174 -- 00:00:33.301 I will now hand the call over to Craig Larson, Partner and Head of Investor Relations 00:00:33.301 -- 00:00:36.646 for KKR. Craig, please go ahead. 00:00:36.646 -- 00:00:39.150 Thank you, Operator. Good morning, everyone. 00:00:39.150 -- 00:00:42.275 Welcome to our fourth quarter 2025 earnings call. 00:00:42.275 -- 00:00:47.243 This morning, as usual, I'm joined by Rob Lewin, our Chief Financial Officer, and Scott 00:00:47.243 -- 00:00:50.148 Null, our Co-Chief Executive Officer. 00:00:50.148 -- 00:00:54.094 We would like to remind everyone that we'll refer to non-GAAP measures on the call, which 00:00:54.094 -- 00:00:56.883 are reconciled to GAAP figures in our press release. 00:00:56.883 -- 00:01:01.446 which is available on the Investor Center section at KQR.com. 00:01:01.869 -- 00:01:07.315 And as a reminder, we report our segment numbers on an adjusted share basis. 00:01:07.315 -- 00:01:11.740 We will refer to forward-looking statements on the call which do not guarantee future 00:01:11.740 -- 00:01:16.766 events or performance. So please refer to our earnings release and our SEC filings 00:01:16.766 ...