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BRIEF-KKR & Co reports AUM of $129.6 bln as of Dec. 31, 2016
February 9, 2017 / 11:42 AM / 7 months ago

BRIEF-KKR & Co reports AUM of $129.6 bln as of Dec. 31, 2016

Feb 9 (Reuters) - Kkr & Co Lp

* KKR & Co. L.P. reports fourth quarter and full year 2016 results

* KKR & Co Lp- AUM was $129.6 billion as of December 31, 2016, a decrease of $1.5 billion, compared to AUM of $131.1 billion as of September 30, 2016.

* Reports qtrly net income per common unit was $0.35

* Says book value was $12.15 per outstanding adjusted unit as of December 31, 2016

* KKR & Co Lp - qtrly total segment revenues were $664.4 million compared to $487.6 million for the quarter ended December 31, 2015

* Q4 earnings per share view $0.43, revenue view $269.8 million -- Thomson Reuters I/B/E/S

* KKR & Co Lp - intends to increase qtrly distribution to holders of common units from $0.16 to $0.17/common unit/quarter

* KKR & Co Lp- an incremental $250 million has been authorized to repurchase common units in the current quarter

* KKR & Co Lp - intends to begin increasing qtrly distribution beginning with results for quarter ending March 31, 2017 Source text for Eikon: Further company coverage:

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