Strong Financial Performance: KKR reported impressive second-quarter results with fee-related earnings (FRE) of $0.98 per share, total operating earnings of $1.33 per share, and adjusted net income of $1.18 per share, marking some of the highest figures in its history. FRE increased by 33% year-over-year, driven by an 18% rise in management fees to $996 million.

Capital Deployment and Opportunities: The firm deployed nearly $37 billion of capital year-to-date, with expectations of continued deployment in the second half of 2025. Notably, approximately 50% of KKR's year-to-date private market activity occurred outside the U.S., underscoring its strategic global diversification.

Insurance Segment Growth: The insurance segment delivered operating earnings of $278 million, surpassing previous forecasts, thanks to variable investment income. KKR emphasizes its strategy to elongate liabilities and improve returns by increasing allocation to alternative investments.