New Joiners of S&P 500

One of The World’s Largest Alternative Investment Firms, $KKR & Co(KKR.US)$ With $575 Billion AUM To Join The S&P 500

KKR, $CrowdStrike(CRWD.US)$ & $GoDaddy(GDDY.US)$ are set to join the benchmark S&P 500 index.

KKR's inclusion highlights the growing influence of private market firms in the index.

Alongside Private Equity ($183bn AUM) they also invest across Credit ($260bn), Real Estate ($71bn) and Infrastructure ($61bn).

The firm aims to hit $1 trillion AUM in the next 5 years.