KKR to invest in Beacon Pointe.

KKR, a global investment firm, agreed to invest in Beacon Pointe, a registered investment adviser headquartered in Newport Beach, California. Financial terms were not disclosed. "We are particularly excited about what this strategic partnership will mean for our team, company growth and, most importantly, the services we provide to our clients. With the support of KKR's deep experience and resources, Beacon Pointe will have the opportunity to further invest in the business and continue to expand our footprint across the nation," Shannon Eusey, Beacon Pointe CEO.