KKR, Carlyle Group Warn Investors of New CFIUS Risks (1)

Publicly traded investment firms KKR & Co. Inc. and Carlyle Group Inc. are warning toughened U.S. national security reviews of foreign deals have created new uncertainty for their businesses.

Recently enacted rules bolstering the authority of the Committee on Foreign Investment in the U.S. (CFIUS) could hamper KKR’s ability to sell off existing investments, the New York-based firm said in its annual 10-K report filed Tuesday with the SEC. The inter-agency government panel will scrutinize certain real estate deals and minority investments in companies handling personal data, critical infrastructure and critical technologies under new rules that took effect Feb. 13. ...