KKR Stock Falls on Hit from Refunding Fees on Weak Asia Fund
KKR & Co. shares dropped after the company revealed plans to refund $350 million to investors in its second private equity fund in Asia due to underperformance.
By Allison McNeely · Bloomberg Markets
KKR & Co. shares dropped after the company revealed plans to refund $350 million to investors in its second private equity fund in Asia due to underperformance.