- One-third invested from inaugural $1B fund
- Firm diversifying its income streams
- Special situations, direct lending also growth areas
Scarcely a year after closing its first mezzanine fund, Kohlberg Kravis Roberts & Co. already is thinking about its successor as the mega-firm continues to diversify.Scott Nuttall, KKR’s global head of capital and asset management, used the mezzanine strategy as an example of the firm’s broader approach to developing new income streams. “You’ve got the mezz business, which is in the process of investing its ...