NEW YORK, Feb 5 (Reuters) – KKR Chief Financial Officer Rob Lewin said on Thursday that the New York-based company expects newly acquired sports investment group Arctos to reach over $100 billion in assets under management.
“I think it’s fair to say that we have evaluated most of the secondary asset managers that have traded over the past decade,” and the group was now confident it had found the right one, Lewin told analysts on a conference call.
Co-CEO Scott Nuttall added that the business “will be a meaningful contributor to KKR’s long term earnings profile”.
(Reporting by Isla Binnie in New York and Pritam Biswas in Bengaluru)
Comments