KKR & Co. expressed optimism about its ability to sell assets and return cash to investors as the buyout giant prepares to begin fundraising for its flagship private equity funds.
The firm expects to generate about $500 million of revenue from asset sales in coming months, Chief Financial Officer Rob Lewin said Tuesday. Fundraising for Americas private equity is set to begin this year, on top of an infrastructure fund that’s already in the market, followed by Asia private equity as early as 2025.