KKR Infrastructure Conglomerate LLC Files 10-Q

TL;DR

**KKR Infra 10-Q filed. Financials for Q2 2025 out.**

AI Summary

KKR Infrastructure Conglomerate LLC filed its 10-Q for the period ending June 30, 2025. The filing, dated August 14, 2025, provides financial information for the company, which is part of the KKR group. Key details include share class information and financial reporting periods.

Why It Matters

This filing provides investors and analysts with a quarterly update on the financial health and operational status of KKR Infrastructure Conglomerate LLC, a key entity within the KKR ecosystem.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new risks disclosed.

Key Numbers

• 20250630 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
• 20250814 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• KKR Infrastructure Conglomerate LLC (company) — Filer of the 10-Q
• 20250630 (date) — End of the reporting period
• 20250814 (date) — Filing date
• 212-750-8300 (phone_number) — Business phone number

FAQ

Filing Documents

• kkr-20250630.htm (10-Q) — 2696KB
• k-infrax20250630xex311.htm (EX-31.1) — 9KB
• k-infrax20250630xex312.htm (EX-31.2) — 9KB
• k-infrax20250630xex321.htm (EX-32.1) — 4KB
• k-infrax20250630xex322.htm (EX-32.2) — 4KB
• kkr-20250630_g1.jpg (GRAPHIC) — 49KB
• kkr-20250630_g2.jpg (GRAPHIC) — 31KB
• 0001948056-25-000049.txt ( ) — 12080KB
• kkr-20250630.xsd (EX-101.SCH) — 67KB
• kkr-20250630_cal.xml (EX-101.CAL) — 64KB
• kkr-20250630_def.xml (EX-101.DEF) — 370KB
• kkr-20250630_lab.xml (EX-101.LAB) — 633KB
• kkr-20250630_pre.xml (EX-101.PRE) — 469KB
• kkr-20250630_htm.xml (XML) — 2183KB

- Financial Information

Part I - Financial Information 1

Financial Statements

Item 1. Financial Statements 1 Consolidated Statements of Assets and Liabilities as of June 30, 2025 (Unaudited) and December 31, 2024 1 Consolidated Statements of Operations for the three and six months ended June 30, 2025 and 2024 (Unaudited) 3 Consolidated Statements of Changes in Net Assets for the three and six months ended June 30, 2025 and 2024 (Unaudited) 5 Consolidated Statements of Cash Flows for the six months ended June 30, 2025 and 2024 (Unaudited) 9 Condensed Consolidated Schedules of Investments as of June 30, 2025 (Unaudited) and December 31, 2024 11

Notes to Financial Statements (Unaudited)

Notes to Financial Statements (Unaudited) 18

M anagement's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. M anagement's Discussion and Analysis of Financial Condition and Results of Operations 40

Quantitative and Qualitative Disclosures about Market Risk

Item 3. Quantitative and Qualitative Disclosures about Market Risk 56

Controls and Procedures 58

Item 4. Controls and Procedures 58

- Other Information

Part II - Other Information 59

Legal Proceedings 59

Item 1. Legal Proceedings 59

Risk Factors 59

Item 1A. Risk Factors 59

Unregistered Sales of Equity Securities and Use of Proceeds 60

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 60

Defaults Upon Senior Securities 60

Item 3. Defaults Upon Senior Securities 60

Mine Safety Disclosures 60

Item 4. Mine Safety Disclosures 60

Other Information 60

Item 5. Other Information 60

Exhibits 60

Item 6. Exhibits 60 Signatures 62 Special Note Regarding Forward-Looking Statements Some of the statements in this Quarterly Report on Form 10-Q constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), because they relate to future events or our future performance or financial condition. The forward-looking statements contained in this Quarterly Report on Form 10-Q may include statements as to: our future operating results; our business prospects and the prospects of the Infrastructure Assets (as defined herein) we own and control; our ability to raise sufficient capital to execute our acquisition strategies; the ability of the Manager (as defined herein) to source adequate acquisition opportunities to efficiently deploy capital; the ability of our Infrastructure Assets to achieve their objectives; our current and expected financing arrangements; changes in the general interest rate environment; the adequacy of our cash resources, financing sources and working capital; the timing and amount of cash flows, distributions and dividends, if any, from our Infrastructure Assets; our contractual arrangements and relationships with third parties; actual and potential conflicts of interest with the Manager or any of its affiliates; the dependence of our future success on the general economy and its effect on the industries in which we own and control Infrastructure Assets; our use of financial leverage; the ability of the Manager to identify, acquire and support our Infrastructure Assets; the ability of the Manager or its affiliates to attract and retain highly talented professionals; our ability to structure acquisitions and joint ventures in a tax-efficient manner and the effect of changes to tax legislation and our tax position; and the tax status of the enterprises through which w

Financial Information

Part I. Financial Information

Financial Statements

Item 1. Financial Statements KKR Infrastructure Conglomerate LLC Consolidated Statements of Assets and Liabilities (Unaudited) (Amounts in Thousands, Except Share and Per Share Data) June 30, 2025 December 31, 2024 Assets Investments at fair value (cost of $ 3,428,573 and $ 2,799,929 , respectively) $ 4,114,277 $ 3,031,886 Cash and cash equivalents 783,777 342,122 Foreign currencies at fair value (cost of $ 175 and $ 426 , respectively) 182 425 Deferred financing costs, net 14,327 10,597 Prepaids and other assets 184 3,846 Receivable for settlement of foreign currency forward contracts — 1,786 Dividends receivable 3,288 1,441 Unrealized appreciation on foreign currency forward contracts 1,926 130,941 Total assets 4,917,961 3,523,044 Liabilities Unrealized depreciation on foreign currency forward contracts 140,358 — Line of credit — 229,128 Accrued performance participation allocation 37,232 6,642 Accrued shareholder servicing fees and distribution fees 158,300 117,679 Distributions payable 43,907 30,202 Directors' fees and expenses payable 115 115 Other accrued expenses and liabilities 3,696 4,814 Deferred tax liabilities 5,016 1,636 Due to Manager and affiliates 13,048 10,361 Total liabilities 401,672 400,577 Commitments and contingencies (Note 9) Net assets $ 4,516,289 $ 3,122,467 Net assets are comprised of Class I Shares, 36,023,263 and 16,112,717 shares authorized, issued and outstanding, respectively $ 1,052,320 $ 457,224 Class S Shares, 42,969,198 and 18,479,917 shares authorized, issued and outstanding, respectively 1,177,133 489,957 Class U Shares, 47,428,925 and 47,010,082 shares authorized, issued and outstanding, respectively 1,308,117 1,253,543 Class R-D Shares, 779,517 and 765,609 shares authorized, issued and outstanding, respectively 22,358 21,323 Class R Shares, 29,760,671 and 29,417,967 shares authorized, issued and outstanding, respectively 868,058 834,667 Class D Shares, 1,810,834 and 1,107,237 share

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View this 10-Q filing on SEC EDGAR