KKR & Co. Inc. (KKR) UBS Financial Services Conference 2026 February 9, 2026 1:00 PM EST
Company Participants
Robert Lewin – Chief Financial Officer
Conference Call Participants
Michael Brown – UBS Investment Bank, Research Division
Presentation
Michael Brown
UBS Investment Bank, Research Division
All right. Thanks, everyone, for joining us. I’m Mike Brown, the U.S. broker and asset managers analyst here at UBS. I’m pleased to welcome Rob Lewin, the CFO of KKR. KKR is one of the world’s largest asset managers, overseeing roughly $744 billion in AUM as of year-end 2025 with a global diversified platform spanning private equity, credit, infrastructure, real assets and insurance. Rob, thank you for joining us.
Robert Lewin
Chief Financial Officer
Mike, thanks for having us.
Question-and-Answer Session
Michael Brown
UBS Investment Bank, Research Division
Right. So let’s start on the macro front. How are you thinking about rates, inflation, the broader economic outlook and what are you seeing lately in realizations and transaction activity? Will activity continue to accelerate in 2026?
Robert Lewin
Chief Financial Officer
Yes. It’s probably as nuanced a moment we’ve had the broader macro space in a long, long time. If you think about what’s going on, from a macro perspective, you layer on to that geopolitics, both domestically in the U.S., abroad as well, fiscal deficits, public policy. As you think about this moment in time, we’re quite fortunate that we have leaned in on the resourcing side across all 3 of those areas, that I think really puts us in a relatively good position as we try and navigate what is said quite a nuanced moment in time.
As it relates to how I think it’s going to impact the go forward, we continue to believe that there will be a greater amount of activity in 2026. We do