KKR & Co. L.P. is a global alternative asset manager. The Company through its offices in New York, Menlo Park, San Francisco, London, Paris, Hong Kong and Tokyo, sponsors and manages funds that make investments worldwide in private equity and debt transactions on behalf of third-party investors and its firm. The Company operates through two segments: private equity and credit. The Company also manages substantial investments in public equity. Of the Company’s total assets under management, approximately $6.8 billion is permanent capital. The Company earns ongoing management fees for providing management and other services to its funds, as well as transaction, monitoring and other potential fees in connection with its private equity and other investments. The Company also earns investment income from investing its own capital alongside fund investors and from its carried interest in fund investments.