KKR: curiously modest

For a firm that traditionally put the “private” in private equity, KKR’s planned stock market listing amounts to a cultural revolution. KKR has always guarded its privacy so keenly that, even today, it doesn’t bother to employ an in-house press officer. But following its planned IPO, it will become public in every sense of the word: its units will trade on public markets, it will invest in public companies and it will be forced to accept full public scrutiny of its ownership, compensation and ta...