Category: Markets
Published: 2026-07-06T15:17:08.000Z
RiverPark Large Growth Fund's Q1 2026 investor letter highlighted KKR & Co. Inc. (KKR) as a significant detractor, with shares declining 27% despite a strong recovery in March. The initial drop was attributed to missing Q4 2025 earnings expectations and broader concerns about private credit exposure. However, an announced partnership between Apollo and Intercontinental Exchange (ICE) to standardize private credit data eased investor concerns, leading to a recovery for KKR.
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