🔴 KKR is trading 12.73% down in after-hours trading as higher rates delay private-equity asset sales

KKR is trading at $85.93, down 12.73% in after-hours trading as investors react to mounting private-equity liquidity pressure from higher interest rates and stalled exits.

• Rising borrowing costs are suppressing dealmaking and delaying asset sales, limiting distributions to investors.
• KKR announced a $350 million equipment-finance platform investment on September 22; no company-specific negative catalyst was identified.