KKR & Co. Carry Pool Reclassifications increased by 1.8% to $5.88B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 40.9%, from $4.17B to $5.88B. Over 3 years (FY 2022 to FY 2025), Carry Pool Reclassifications shows an upward trend with a 46.4% CAGR.
Frequent or large reclassifications may signal changes in fund performance expectations or internal compensation policy shifts.
This represents adjustments made to the pool of carried interest, which is the performance-based compensation earned by...
Specific to private equity and alternative asset managers with carry-based compensation.
other_carry_pool_reclassifications| Q2 '21 | Q3 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$3.18B | -$3.56B | $1.87B | $1.96B | $2.15B | -$2.46B | $2.66B | $3.51B | $3.99B | $4.71B | $4.17B | $4.99B | $5.49B | $5.77B | $5.88B |
| QoQ Change | — | -11.9% | +152.6% | +4.5% | +10.0% | -214.4% | +208.2% | +31.8% | +13.6% | +18.1% | -11.5% | +19.7% | +10.0% | +5.1% | +1.8% |
| YoY Change | — | — | — | — | — | — | +42.3% | +79.5% | +85.3% | +291.3% | +56.5% | +42.2% | +37.6% | +22.5% | +40.9% |
| Segment | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|
| Asset Management And Insurance Segments | $3.65B | $3.14B | $2.47B | $2.00B | $1.87B | $1.96B | $2.15B | -$2.46B |
| Total | — | — | — | — | $1.87B | $1.96B | $2.15B | -$2.46B |