The firm has expanded its investment strategies beyond traditional private equity to include areas such as credit, infrastructure, energy, real estate, and impact investments. This demonstrates KKR's ability to adapt to evolving market conditions and client needs.

KKR completed the acquisition of the remaining equity interests in Global Atlantic, further solidifying its position in the insurance sector. This strategic move is expected to diversify revenue streams and enhance long-term growth.

KKR is focused on growing its asset management business and delivering strong investment performance. The firm is also focused on expanding its global presence and diversifying its investor base.

The firm highlights its collaborative approach across business lines, departments, and geographies. This integrated structure is intended to improve investment results and operational efficiency.

KKR emphasizes aligning the interests of the firm and its employees with those of fund investors, portfolio companies, and other stakeholders. This is achieved by investing its own capital alongside investors.

KKR emphasizes its focus on operational efficiency, including the sharing of information, resources, expertise, and best practices across offices and asset classes. This suggests a commitment to cost control and productivity improvements.

The 10-K outlines several risks related to difficult market and economic conditions, including geopolitical events, natural disasters, and changes in climate conditions. These factors could impact KKR's business and investment activities.

KKR's investment activities are subject to risks such as subjective valuation methodologies, changes in debt and equity markets, and dependence on leverage. These risks could impact the performance of KKR's investments.

The 10-K identifies risks specific to the insurance business, including interest rate fluctuations, acceleration of amortization, and changes in accounting standards. These risks could impact Global Atlantic's financial strength and ratings.

KKR faces intense competition in both the investment management and insurance industries. This competition could impact KKR's ability to raise capital, find investment opportunities, and grow its business.

The firm highlights its global platform, industry expertise, and intellectual capital as competitive advantages. These factors enable KKR to source investment opportunities and create value for stakeholders.

The firm's ability to successfully realize investments is a significant competitive advantage. This is supported by KKR's portfolio management committees and capital markets business.

The firm operates under a common set of principles and business practices monitored by various committees. This integrated infrastructure supports investment professionals across multiple continents and asset classes.

KKR emphasizes efficient capital management, top-line growth, R&D spending, geographical expansion, and cost optimization as key drivers of long-term value creation. This indicates a focus on operational efficiency.

KKR relies on third-party service providers for various operational functions, which exposes the firm to operational, reputational, and other risks if these providers fail to perform adequately.

The firm emphasizes its use of technology and data analytics to enhance its investment processes and business operations. This suggests a focus on innovation and efficiency.

The firm recognizes the unpredictable impact of artificial intelligence on competitive, operational, legal, and regulatory risks. This indicates an awareness of the importance of technology in the future.

KKR acknowledges that cybersecurity failures and data security breaches may disrupt or have a material adverse impact on its businesses, operations, and investments. This highlights the importance of technology risk management.

The firm uses its balance sheet to invest alongside investors in its investment vehicles, aligning its own interests with those of its fund investors and other stakeholders.

The firm and its employees have a substantial amount of capital invested in or committed to its own funds and portfolio companies, reflecting a strong alignment of interests.

KKR's private equity fund documents generally require the general partners of the funds to make minimum capital commitments to the funds. The amounts of these commitments are negotiated by fund investors.

The firm has been publicly committed to responsible investment since 2009 and seeks to incorporate ESG considerations into its investment process. This indicates a focus on sustainability and ethical practices.

The firm focuses on business-relevant ESG topics that are most significant for protecting and maximizing value. This pragmatic approach suggests a focus on material ESG issues.

The firm acknowledges the increasing focus by stakeholders on ESG matters. This indicates an awareness of the growing importance of ESG considerations.

The firm operates in a global environment that is subject to various risks, including difficult market and economic conditions and geopolitical developments. This highlights the challenges of operating in a complex global environment.

KKR is subject to numerous regulations in the U.S. and other jurisdictions, and changes in these regulations may materially impact the firm's business and financial condition. This highlights the importance of regulatory compliance.

The firm faces intense competition for capital from investors and for investment opportunities from other investment managers, strategic buyers, and other financial institutions. This highlights the competitive nature of the market.