KKR Boosts Junior Executive Pay, Outpacing Blackstone
Generous Compensation and Record Fundraising Drive Success
KKR's Generous Compensation
KKR has recently announced an increase in pay for its junior executives, surpassing Blackstone's compensation levels for analysts. This move reflects KKR's commitment to attracting and retaining top talent. The higher salaries will help KKR compete for the best and brightest individuals in the industry.
Stellar Fundraising Results
In addition to increasing compensation, KKR has also achieved remarkable fundraising results. The firm collected an impressive $31 billion in new capital during the fourth quarter of 2022 alone, more than doubling the amount raised in the previous quarter. This influx of capital will provide KKR with ample resources to pursue new investment opportunities and continue its growth trajectory.
Exceptional Returns for Blackstone Shareholders
While KKR's junior executives are benefiting from increased pay, Blackstone shareholders have also enjoyed substantial returns. Over the past three years, Blackstone shareholders have realized a total return of approximately 50%, including dividends. This strong performance demonstrates Blackstone's ability to generate consistent returns for its investors.
Conclusion
KKR's recent moves to boost junior executive pay and achieve record fundraising demonstrate the firm's commitment to attracting top talent and positioning itself for continued success. While Blackstone has also delivered strong returns for its shareholders, KKR's generous compensation and impressive capital-raising abilities set it apart as a leader in the private equity industry.
Comments