Kkr Credit Advisors (Us) LLC (San Francisco)

Kkr Credit Advisors (Us) LLC is a large advisory firm based in San Francisco. It manages $58.22 billion of regulatory assets for 105 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Delaware, and Florida.

Kkr Credit Advisors (Us) provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Kkr Credit Advisors (Us): assets under management

The assets under management (AUM) of Kkr Credit Advisors (Us) LLC is $58.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 59% since the beginning of its operation, and $39.85 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $58.22 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $554.48 million each.

Investments

The firm invests in other assets the most. They account for 48% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 47% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kkr Credit Advisors (Us) LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kkr Credit Advisors (Us) serves?

The firm provides services to insurance companies, investment companies, and pooled investment vehicles. The largest group of clients of Kkr Credit Advisors (Us) is pooled investment vehicles with 91 clients and $52.81 billion of assets under management. Among the 9 most similar advisory firms, Kkr Credit Advisors (Us) has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $56.56 billion for 100 clients. 78% of the firm’s clients are foreign persons or businesses.

Kkr Credit Advisors (Us) also advises several private funds. Namely, thirty one hedge funds, five other private funds, sixteen private equity funds, and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Kkr Credit Advisors (Us) LLC

The company employs 226 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 37 indirect owners.

Based in San Francisco

The principal office where Kkr Credit Advisors (Us) LLC performs its advisory services is located at 555 California Street, San Francisco, CA 94104, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-315-3620 or by fax 415-391-3330. The normal business hours are 6:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at kkr.com and its LinkedIn profile.

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