Posts Tagged ‘Kohlberg Kravis Roberts’

Cooperman: KKR, Sallie Mae, Gold

December 2, 2010

Omega Advisors chief Leon Cooperman must be very confident about the private equity firm Kohlberg Kravis Roberts & Co. He’s bought it in two different ways. (more…)

Cramer, KKR, Cooperman and Converts

May 25, 2010

Chidem Kurdas

Last Friday Jim Cramer recommended KKR Financial Holdings, the publicly-traded credit vehicle from private equity giant Kohlberg Kravis Roberts. The investment idea came with a couple of warnings.

One, it is speculative. They borrow money to buy debt, Mr. Cramer said. They buy primarily below-investment-grade debt as well as distressed or stressed paper.

Two, the main reason Mr. Cramer says he went for KKR Financial is insider buying—-by KKR chief executive William Sonneborn and notably by Leon Cooperman, long-time equity investor and head of Omega Advisors. Surely a good sign.

Mr. Cooperman is a substantial shareholder. The striking thing, though, is something Cramer did not mention. (more…)