KKR earnings beat estimates, portfolio value up, (NYSE: KKR), (NYSE: HCA)

KKR & Co LP (KKR.N), parent of private equity firm Kohlberg Kravis Roberts & Co, posted higher-than-expected quarterly earnings and the value of its private equity investments rose 6.5 percent. KKR said it generated profits from taking a number of its portfolio companies public. During the quarter, KKR-backed Nielsen Holdings NLSN.O and HCA Holdings Inc (HCA.N) went public. Economic net income, a measure used by private equity firms to report earnings, was $742.5 million for the first quarter, compared with $674.8 million a year earlier. ENI after tax per adjusted unit was 96 cents, KKR said, up from 93 cents in the same period a year ago.

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