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June 21, 2007
KKR IPO ASAP
From news tonight it looks like KKR will follow Blackstone into the public markets, which should come as no surprise. Even in the richer-than-sovereign-states world of private equity partners, the multi-billion dollar windfall about to rain down on Stephen Schwartzman & Co. is enough to bring out the green-eyed monster in his fellow deci-centi-millionaires.
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Good point, but aren't the guys whose initials form "KKR" easily billionaires already?