(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices) | (Zip Code) |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
None. | None. | None. |
Class | Transactional Net Asset Value per Share | |||||||
Class I Shares | $ | 26.87 | ||||||
Class R-D Shares | $ | 26.79 | ||||||
Class R-I Shares | $ | 26.83 | ||||||
Class R-U Shares | $ | 26.62 | ||||||
Class F Shares | $ | 27.17 | ||||||
Class G Shares | $ | 27.17 | ||||||
Class H Shares | $ | 27.17 |
Exhibit Number | Description | ||||||||||
Net Asset Value as of May 31, 2024 | |||||||||||
104 | Cover Page Interactive Data File, formatted in Inline XBRL |
KKR PRIVATE EQUITY CONGLOMERATE LLC | ||||||||
/s/ Sung Bum Cho | ||||||||
Date: June 24, 2024 | Name: Sung Bum Cho | |||||||
Title: General Counsel & Secretary |
Components of Transactional Net Asset Value | ||||||||
Investments at fair value (cost of $1,734,795) | $ | 1,818,007 | ||||||
Cash and cash equivalents | 966,955 | |||||||
Other assets | 9,864 | |||||||
Payable for investments purchased | (349,410) | |||||||
Other liabilities | (12,975) | |||||||
Accrued performance participation allocation | (14,422) | |||||||
Management fee payable | — | |||||||
Accrued shareholder servicing fees and distribution fees(1) | (1,981) | |||||||
Transactional Net Asset Value | $ | 2,416,038 | ||||||
Number of outstanding shares | 90,505,791 |
Transactional Net Asset Value Per Share | Class I Shares | Class R-D Shares | Class R-I Shares | Class R-U Shares | Class F Shares | Class G Shares | Class H Shares | Total | ||||||||||||||||||||||||||||||||||||||||||
Transactional Net Asset Value | $ | 142 | $ | 63,397 | $ | 829,644 | $ | 1,522,701 | $ | 152 | $ | 1 | $ | 1 | $ | 2,416,038 | ||||||||||||||||||||||||||||||||||
Number of outstanding shares | 5,294 | 2,366,421 | 30,922,352 | 57,206,034 | 5,610 | 40 | 40 | 90,505,791 | ||||||||||||||||||||||||||||||||||||||||||
Transactional Net Asset Value per Share as of May 31, 2024 | $ | 26.87 | $ | 26.79 | $ | 26.83 | $ | 26.62 | $ | 27.17 | $ | 27.17 | $ | 27.17 |
May 31, 2024 | ||||||||
GAAP Net Asset Value | $ | 2,314,713 | ||||||
Adjustment: | ||||||||
Accrued shareholder servicing fees and distribution fees | $ | 101,325 | ||||||
Transactional Net Asset Value | $ | 2,416,038 |
As of May 31, 2024 | ||||||||||||||||||||
Valuation Methodology and Inputs | Unobservable Input(s) (1) | Weighted Average (2) | Range | |||||||||||||||||
Inputs to market comparables, discounted cash flow and transaction price/other | Illiquidity Discount | 7.3% | 5.0% - 15.0% | |||||||||||||||||
Weight Ascribed to Market Comparables | 24.8% | 0.0% - 50.0% | ||||||||||||||||||
Weight Ascribed to Discounted Cash Flow | 33.6% | 0.0% - 75.0% | ||||||||||||||||||
Weight Ascribed to Transaction Price/Other | 41.6% | 0.0% - 100.0% | ||||||||||||||||||
Market Comparables | Enterprise Value / Forward EBITDA Multiple | 14.5x | 7.3x - 23.1x | |||||||||||||||||
Discounted Cash Flow | Weighted Average Cost of Capital | 11.7% | 6.6% - 18.2% | |||||||||||||||||
Enterprise Value / LTM EBITDA Exit Multiple | 14.3x | 8.5x - 23.0x |
Input | Hypothetical Change | Portfolio Company Values as of May 31, 2024 | ||||||||||||
Weighted Average Cost of Capital | 0.25% decrease | +0.68% | ||||||||||||
0.25% increase | -0.65% |
Cover |
Jun. 21, 2024 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Document Period End Date | Jun. 21, 2024 |
Entity Registrant Name | KKR Private Equity Conglomerate LLC |
Entity File Number | 000-56540 |
Entity Incorporation, State or Country Code | DE |
Entity Tax Identification Number | 88-4368033 |
Entity Address, Address Line One | 30 Hudson Yards |
Entity Address, City | New York |
Entity Address, State | NY |
Entity Address, Postal Zip Code | 10001 |
City Area Code | 212 |
Local Phone Number | 750-8300 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
No Trading Symbol Flag | true |
Entity Emerging Growth Company | true |
Entity Ex Transition Period | false |
Entity Central Index Key | 0001957845 |
Amendment Flag | false |
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