KKR & Co.

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Group.png KKR & Co.  
(CorporationSourcewatch WebsiteRdf-icon.png
Founder• Henry Kravis
• George Roberts
• Jerome Kohlberg
Headquarters9 West 57th Street Suite 4200New York City, New York 10019 United States
SubgroupsKKR Global Institute
Staff1,250

KKR & Co. Inc. (formerly known as Kohlberg Kravis Roberts & Co. and KKR & Co. L.P.) is a global investment firm with over $5.8 Billion in annual revenue.[1] The firm was founded in 1976 by perennial bilderberger Henry Kravis as well as George Roberts and Jerome Kohlberg.[2] David Petraeus is a partner at KKR and the chairman of KKR's internal intelligence agency, the KKR Global Institute.

They purchased TASC Systems from Northrop Grumman in 2010 which provides "advanced systems engineering and integration services across the Intelligence Community, Department of Defense, and civilian agencies of the federal government". [3] They also purchased Airbus' Defense Electronics Division in 2016 which comprises comprises military sensors, electronic warfare, avionics and optronics. [4]

KKR's "hostile takeover" of RJR Nabisco in the late 1980s was depicted in the 1993 film "Barbarians at the Gates", based on a book of the same name by investigative journalists Bryan Burrough and John Helyar. [5]

KKR is also a major holder of many state employees' pension funds, reportedly having used these funds as a means of financing their initial investments after they had difficulty finding traditional investment backing in the early 1980s. George Roberts told told the Oregon pension board in 2013, “You all are our longest standing partner. We always start with you.”[6]

SEIU produced video of the 2008 protests against the IPO of KKR [7] [8]



References


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