Alternative fund manager KKR reported a 58% jump in adjusted net income for the third quarter of 2024, driven by record-high fee-related income. The New York-based firm said on Thursday that after-tax distributable earnings (ANI) rose to $1.2 billion in the July-September quarter, or $1.38 per adjusted share, ahead of the average analyst estimate of $1.21, according to LSEG data. ANI includes management, transaction, performance fees, and profits from the firm’s insurance business. During the quarter, KKR saw returns on
