KKR Private Equity Conglomerate LLC

11/25/2024 | Press release | Distributed by Public on 11/25/2024 15:17

Private Placement Form 8 K

Item 3.02. Unregistered Sales of Equity Securities
On November 1, 2024, KKR Private Equity Conglomerate LLC (the "Company") sold the following unregistered shares (the "Investor Shares") of the Company (with the final number of shares being determined on November 20, 2024) to investors for cash:
Class
Number of Shares Sold (1)
Aggregate Consideration (1)
Class R-U Shares 4,147,170 $ 117,781,272
Class R-I Shares 3,393,502 97,489,548
Class R-D Shares 980,248 28,090,000
Class U Shares 6,977 200,000
Class I Shares 4,867 140,000
Total $243,700,820
(1) Share and dollar amounts are rounded to the nearest whole number.
The offer and sale of the Investor Shares were exempt from the registration provisions of the Securities Act of 1933, as amended, by virtue of Section 4(a)(2), including Regulation D (for sales to accredited investors) and/or Regulation S (for sales to non-U.S. investors outside of the United States) thereunder.
Since inception on August 1, 2023, through the date of this filing, the Company has sold approximately $3,787 million of shares for cash as part of its continuous private offering.
Private Equity K-Series Platform
The Company acquires interests in portfolio companies alongside other KKR-managed vehicles organized outside of the United States that partially share similar objectives, structures and strategies with the Company (the Company and such other KKR-managed vehicles, collectively, the "Private Equity K-Series Platform"). On November 1, 2024, the Private Equity K-Series Platform sold interests for total cash consideration of approximately $472 million. As of the date of this filing, the Private Equity K-Series Platform has sold interests for total cash consideration of approximately $7,108 million since inception. The amounts disclosed herein do not take into account any share repurchases by the Company or such KKR-managed vehicles or shares issued pursuant to any distribution reinvestment plan.
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