Deal Talk: Interviews with Private Equity Leaders KKR’s Henry Kravis on investing in downturns, lessons learned from past crisis and times of uncertainty
4 snips
Jul 28, 2023 AI Snips
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KKR's Enduring Collaborative Culture
- KKR's culture was built on inclusion, teamwork, and shared rewards to encourage collaboration across offices and roles.
- This enduring culture of shared goals and mutual support remains a core strength of KKR despite its growth.
Inclusive Employee Ownership
- When acquiring CHI, KKR gave equity certificates to all workers, not just top management, creating huge benefits for employees.
- This inclusive ownership model, called "ownership works," significantly impacted workers' lives and communities, now rolled out in 30 companies.
Investing Strategy in Downturns
- In downturns, focus on what you can control like cutting costs and preparing to refinance debt, because markets eventually recover.
- Play offense too: prepare to invest when recovery starts, having courage in uncertainty is key to success.