Private equity shop Kohlberg Kravis Roberts & Co. saw its profits fall 61% to $317.3 million in the third quarter of 2010, compared with the same period last year, the company said Wednesday. The company’s assets under management, however, grew to $55.5 billion.
PRESS RELEASE
Consolidated Results
KKR’s consolidated GAAP results for the quarter and nine months ended September 30, 2010 included net income attributable to KKR & Co.
