Word: kkr
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Since the closing of the KKR deal last week, Harvard has had equity interest in the cigarette manufacturer because the University invested from $20 to $40 million in the KKR limited parnership that bought out the company...
...extent we are invested in KKR, we will be an equity holder in the private company," Peterson said. And according to figures provided by Harvard Management Partner Scott M. Sperling, Harvard will hold less than 1 percent of RJR-Nabisco because its KKR investment made up less than 1 percent of the multi-billion dollar takeover...
...this lack of control in companieslike KKR and MSP that has led critics to questionwhether the risks associated with these agreementsare worth the money that the University gains fromthem...
...such controversy was Harvard's investment in Kohlberg, Kravis, Roberts & Company, which took over RJR-Nabisco this fall in a leveraged buyout. Under the conditions of Harvard's agreement with KKR, the University did not have the right to refuse participation in the buyout or investment in RJR-Nabisco...
Besides Harvard's investment in KKR, theUniversity has received criticism for itsinvolvement with Medical Science Partners (MSP), acorporation--independent of Harvard--which willoversee the funding and marketing of professors'biotechnical research...