KKR Seeks to Cash In on Trump’s Tariff-Driven Market Volatility

KKR & Co. executives told investors that the firm is leaning into volatility from US President Donald Trump’s trade war and sticking to its long-term growth plans.

“Times like this yield some very attractive investment opportunities,” Co-Chief Executive Officer Scott Nuttall told analysts on a call Thursday. KKR intends to tap its “$116 billion of dry powder to keep investing when others are scared.”

About 90% of the firm’s private equity assets under management aren’t materially exposed to tariffs, said Chief Financial Officer Robert Lewin. KKR announced more than $10 billion of investments over the past month, including $7 ...