Money Makers Mentor

Global Atlantic Acquired in Strategic Transaction by KKR

Today, Kohlberg Kravis Roberts announced their acquisition of all outstanding shares of Global Atlantic. Afterwards, Global Atlantic will continue to operate as a separate business with its existing brands and management team.

Allan Levine, Chairman and Chief Executive Officer of Global Atlantic, said: “We are thrilled to have a new, long-term partner in KKR. With its global presence, investment acumen and long-term focus, we believe we will be even better positioned – financially and strategically – both to help Americans address the financial challenges they face today and to help our institutional channel clients achieve their strategic, risk, and capital management goals.”

Joseph Bae and Scott Nuttall, Co-Presidents and Co-Chief Operating Officers of KKR, added: “This transactio…

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