KKR to shrink leveraged loan exposure in 2019

Anticipating further deterioration in US corporate credit, KKR said it will reallocate all of its dedicated leveraged loan capital this year to an opportunistic fund that will span across corporate credit sectors.

  • By Alexander Saeedy
  • 09 Jan 2019
KKR will designate 7% of its balance sheet to “actively managed opportunistic credits”, meaning it will look for specific opportunities across US corporate credit asset classes — including structured products, high yield bonds and loans — as opposed to a dedicated general asset class strategy for investment grade ...

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