On August 24, KKR & Co LP rose 3.05% overnight, trading at $111.79/share, with Turnover of $224.0.

On the news front, KKR, together with Dragoneer Investment Group and insurance distributor Amwins, formally signed a scheme implementation deed with Australian insurance broking giant Steadfast Group. The transaction is valued at approximately 7.7 billion Australian dollars (approximately $5.52 billion), marking another major move by KKR in the global insurance distribution sector.

The deal cements KKR's strategic expansion into insurance-linked assets. This acquisition follows a broader period of momentum for the firm, which was recently named as one of six financial institutions partnering with NVIDIA to establish AI compute infrastructure financing platforms aimed at mobilizing over $500 billion in third-party capital. Analysts remain constructive on KKR, with Jefferies maintaining a Buy rating and raising its price target to $129, while the consensus average target stands at $127.37.

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