KKR stemmed losses in its private equity holdings during the fourth quarter to close out a difficult year.
The New York private equity firm said fourth-quarter net income declined about 84% to $83.2m, or 9 cents a share, from $507.6m, or 82 cents a share, in the same period a year earlier.
Revenue dropped about 38% to $2.53bn from $4.05bn...
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