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KKR Posts Q2 2018 Results: AUM Rises Sequentially

Raymond Anderson
KKR Posts Q2 2018 Results: AUM Rises Sequentially

KKR & Co. (KKR) reported its second-quarter earnings on July 26. Its EPS was $0.49, which beat analysts’ expectation of $0.45. It had total AUM (assets under management) of $191 billion at the end of the second quarter, which was a YoY (year-over-year) growth of 29%. KKR’s competitor (XLF) the Blackstone Group (BX) had AUM of $439.4 billion as of June 30.