On May 1, 1976, Henry Kravis and George Roberts co-founded KKR alongside their mentor Jerome Kohlberg with $120,000, launching what we now know as the alternatives industry. Initially only a U.S-focused private equity firm, today we are global, with multiple types of capital that we invest all over the world on behalf of our clients, and those investments are helping address some of the world's most pressing challenges. First cousins and the closest of friends, the bond of partnership between Henry and George and their entrepreneurial spirit are embedded in our firm’s DNA.
- KKR founded by George Roberts, Henry Kravis and Jerome Kohlberg.
- Henry Kravis and George Roberts discuss KKR’s culture and values over dinner at Joe and Rose Restaurant in NYC.
- Insurance firms partner with KKR in funding deals.
- KKR completes its first buyout, A.J. Industries.
The first state public pension funds – Oregon, Washington and Michigan – invest in KKR’s private equity funds.
KKR completes first buyout of a public company, Malone & Hyde.
KKR expands into Europe.
KKR forms Capstone, adding value creation resources for companies.
KKR expands into Asia, opening offices in Tokyo and Hong Kong.
KKR forms an Environmental, Social and Governance (ESG) platform.
KKR begins trading on the NYSE.
- KKR diversifies the business by expanding into Real Estate.
- KKR adds the Global Macro & Asset Allocation team to provide insights on macro trends and the global economy.
- KKR launches Vets @ Work to promote the hiring of U.S. military veterans and spouses across KKR’s portfolio.
KKR supports first broad-based employee ownership program at then portfolio company Capital Safety.
KKR establishes the KKR Global Institute to provide insights on geopolitical issues and global trends.
KKR forms Inclusion & Diversity Council.
KKR enters a strategic partnership with Marshall Wace, a global alternative investment manager.
In honor of KKR’s 40th anniversary, KKR starts the employee volunteer program KKR 40 for 40.
Joe Bae and Scott Nuttall become Co-Presidents and Co-Chief Operating Officers
KKR converts from a limited partnership to a corporation.
KKR launches $50 million relief efforts to support nonprofits, small businesses and social entrepreneurs around the world.
- KKR enters a strategic partnership with Global Atlantic Financial Group Limited, a leading retirement and life insurance company that became a majority-owned subsidiary of KKR.
- Joe Bae and Scott Nuttall named Co-Chief Executive Officers at KKR; Henry Kravis and George Roberts become Co-Executive Chairmen of KKR.
- KKR expands real estate business in Japan with acquisition of KJR Management.
- KKR becomes a founding partner of Ownership Works, a nonprofit created to support public and private companies in implementing ownership cultures.
- KKR formalizes Employee Resource Groups to build communities and support employees.