KKR completed the acquisition of the remaining 37% stake in Global Atlantic for $2.7bn.

KKR, a global investment firm that manages multiple alternative asset classes, completed the acquisition of the remaining 37% stake in Global Atlantic, a provider of a broad range of retirement, life and reinsurance products, for $2.7bn. “KKR and Global Atlantic are a powerful combination. Our shared culture and commitment to excellence continues to enhance our ability to think – and invest – longer-term and deliver compelling solutions for our clients and policyholders. We are thrilled for what lies ahead as a wholly-owned subsidiary of KKR,” Allan Levine, Global Atlantic Co-Founder, Chairman & CEO.