Defendant Name:
Kohlberg Kravis Roberts & Co. L.P.
Defendant Type:
Subsidiary of Public Company
Document Reference:
2015-131
Document Details
Legal Case Name
In the Matter of Kohlberg Kravis Roberts & Co. L.P.
Document Name
SEC Charges KKR With Misallocating Broken Deal Expenses
Document Date
29-Jun-2015
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
On June 29, 2015, the SEC announced that it "charged Kohlberg Kravis Roberts & Co. (KKR) with misallocating more than $17 million in so-called 'broken deal' expenses to its flagship private equity funds in breach of its fiduciary duty."