Evergreen access to KKR's flagship private equity strategy — diversified buyout, growth, secondary, and core PE in a single perpetual capital vehicle. Designed for accredited investors who want PE exposure without traditional drawdown commitments.
KKR PEC provides advisors and their accredited-investor clients with evergreen exposure to KKR's full private equity platform. The fund holds a diversified portfolio of buyout, growth, secondaries, and core PE positions sourced from KKR's institutional funds — giving wealth-channel investors institutional-grade access without the typical 7–10 year lockup of drawdown funds.
Buyout · 55%
Mid-to-large-cap North American and European buyout positions. Operational improvement-led value creation.
Growth Equity · 20%
Late-stage growth companies, primarily in tech, healthcare, and consumer. Sponsor-led growth capital rounds.
Secondaries · 15%
LP-led and GP-led secondaries. Provides liquidity to existing LPs and exposure to mature, de-risked PE assets.
Core PE · 10%
Lower-risk, longer-duration core PE — established businesses with predictable cash flows, lower leverage.
Performance
Net of fees. Annualized. Past performance does not guarantee future results.
YTD
7.8%
Trailing 1yr
14.2%
Since inception (ann.)
13.6%
Realized DPI
0.42x
Data Room
All fund documents — tracked access, versioned, audit trail on every download. Direct sync with KKR's investor portal.
Private Placement Memorandum (PPM)
v2.4 · Updated Feb 2026 · 248 pages
Download
Fund Fact Sheet
Q1 2026 · Updated Apr 2026 · 2 pages
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Q1 2026 Quarterly Report
Latest · Released Apr 28, 2026 · 36 pages
Download
Subscription Agreement
Pre-populated with client data via Orion CRM
Open
Form ADV Part 2A
KKR Asset Management · Updated Mar 2026
Download
Side Letter Template
For QPs and institutional investors
Download
Orion DD Notes
From Orion's investment committee review · Q1 2026
Manager pedigree: 47-year track record. $500B+ AUM across all strategies. Top-quartile PE returns over the last three vintages.
Diversification: 200+ underlying portfolio companies across 4 PE sub-strategies. No single position >3%. Vintage diversification across 2018–2024 cohorts.
Alignment: KKR has $1.2B+ of its own balance sheet capital invested alongside LPs in the fund.
Third-party validation: Mercer rated A, Wilshire approved, Cliffwater Recommend. Full reports available on request via the Orion DD Hub.
Watch item: Quarterly redemption cap of 5%/quarter (20% annualized). Mandatory liquidity discussion before client subscription.
Investment Team
SS
Scott Nuttall
Co-CEO, KKR
JB
Joe Bae
Co-CEO, KKR
PR
Pete Ragauss
Portfolio Manager, PEC
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