KKR shares look undervalued – Barron’s

NEW YORK, July 25 (BestGrowthStock) – Some value-attuned hedge-fund
managers are dissecting KKR’s business in a way that makes it
look undervalued, Barron’s reported in its July 26 edition.

The long-anticipated U.S. stock debut of Kohlberg Kravis
Roberts & Co (KKR.N: ) had proved a disappointment in mid-July as
investors shied away from the private equity firm that made its
name with the leveraged buyout of RJR Nabisco in 1988.

KKR debuted at $10.50, and has traded lower from there, in
part due to some apparent technical selling by investors unable
to exit the stock when it was listed in Europe, the paper said.
It closed Friday at $9.50.

The newspaper also urged investors to try valuing potential
future performance fees on the $27 billion of deals housed in
the company’s private-equity funds and those of deals not yet
done and funds not yet raised.

Stock Market Investing

(Reporting by Dhanya Skariachan; Editing by Diane Craft)

KKR shares look undervalued – Barron’s