KKR announced its 2015 Q2 earnings yesterday, reporting a 65% YoY jump in after-tax economic net income of $747 million or 88 cents per share. Distributable earnings, net of taxes, came in at $465 million, a YoY decline of 32%, primarily due to a significant decline in realized cash carry during the period. AUM for the firm's Private Markets segment increased by $1 billion from the end of March, rising to $63.1 billion. Unrealized gains in public holdings within KKR's PE portfolio such as HCA and PRA Healthcare helped boost the company's earnings as well, seeing a YoY increase of 2.6x in the value of its publicly traded securities. For the quarter and six months ended June 30, 2015, the firm's PE portfolio appreciated 7.4% and 11.8%, respectively.