Nice report - no secrets here. If they do 75% of what they say...

Nice report - no secrets here. If they do 75% of what they say they are doing I would be relatively happy. Their current performance says they are operating to their stated plan. One stand out piece of information is that during the Covid period KKR were able to pick up a few valuable clients who were burning cash due to legal closure of their business. KKR funded these clients to ensure they did not break covenants included in existing funding arrangements. Picking up what would normally be strong cashflow clients during that period is impressive. I would imagine that they would also gain a bit of well deserved loyalty for doing that. Still a tortoise but a winner against the hare because it is smarter. Love it!! Still do your own research.