KKR arm adds 9pc to income

Michael Bow
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LISTED investment giant KKR Financial Holdings last night revealed a nine per cent increase in net income for last year.

The company – a branch of private equity giant KKR – said revenues for the full year 2012 ticked upwards to reach $555.5m (£481.8m), up from $542m in the previous year.

Subsequent net income for the full year hit $348.2m, up nine per cent from $318.1m, or $1.75 per share in 2011. Quarterly revenues ending December fell however.