KKR Releases “The New Normal”

New Report Delves into COVID-19’s Potential Long-Term Impact on U.S. Cities and Consumers

NEW YORK--(BUSINESS WIRE)-- KKR today announced the release of a new KKR Viewpoints publication authored by Paula Campbell Roberts. In The New Normal, Roberts explores the long-term implications of COVID-19 on cities and consumer trends.

“Following a decade of relative prosperity, overlapping calamities in 2020 have brought economic activity to a near halt. The combination of longstanding political and social strife has met with an unforeseen health and economic crisis, which together have dealt a debilitating blow. As investors, some of the core questions with which we are wrestling surround future economic growth, the fate of our cities, shifts in the nature of work, and changes in consumer behavior that may persist post-COVID,” Paula Campbell Roberts says.

In her analysis against this backdrop of heightened volatility that will likely persist, Roberts outlines long-term secular investment themes that she believes will gain momentum – those that reduce cost, increase convenience and improve quality of life, health and well-being.

Specifically, in Roberts’ view:

Links to access this note as well as an archive of KKR’s previous publications follow:

About Paula Campbell Roberts

Paula Campbell Roberts joined KKR in 2017 and is a member of the Global Macro and Real Estate Americas teams, where she is responsible for leading macro research for real estate investing opportunities. As the Head of Alternative Data within the Global Macro team, Ms. Roberts also leads efforts to incorporate big data in due diligence, as well as in identifying demographic and consumer-driven investment themes. Prior to joining KKR, Ms. Roberts was an executive director at Morgan Stanley and the U.S. Consumer Economist, where she managed coverage of the U.S. consumer sector, advised Fortune 500 CEOs on their consumer strategy, and used big data to predict inflections in key sectors of the economy. Before Morgan Stanley, Ms. Roberts was a management consultant leading case teams and advising Fortune 500 companies at Bain & Co. Ms. Roberts earned her MBA from Harvard Business School and a BA from Yale University. Currently, Ms. Roberts serves on the boards of The Brearley School, the Northside Center for Childhood Development, the American Friends of Jamaica and the Harvard Business School African-American Alumni Association. She is also a Compass Charter School Advisory Board member.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

The views expressed in the report and summarized herein are the personal views of Paula Campbell Roberts of KKR and do not necessarily reflect the views of KKR or the strategies and products that KKR offers or invests. Nothing contained herein constitutes investment, legal, tax or other advice nor is it to be relied on in making an investment or other decision. This release is prepared solely for information purposes and should not be viewed as a current or past recommendation or a solicitation of an offer to buy or sell any securities or to adopt any investment strategy. This release contains projections or other forward-looking statements, which are based on beliefs, assumptions and expectations that may change as a result of many possible events or factors. If a change occurs, actual results may vary materially from those expressed in the forward-looking statements. All forward-looking statements speak only as of the date such statements are made, and neither KKR nor Ms. Campbell Roberts assumes any duty to update such statements except as required by law.

Media Contact:
Kristi Huller, Cara Major or Miles Radcliffe-Trenner

Source: KKR