KKR (NYSE: KKR) has released its full year and 4Q 2012 results. ENI was $347.7 million and $2.13 billion for the quarter and year ending December 31, 2012, respectively. Asset under management rose 13.9% to $75.5 billion, up from $66.3 billion as of September 30, 2012. For the fourth quarter and full year 2012, the carrying value of KKR's private equity investment portfolio appreciated 4.0% and 23.8%, respectively. The firm reported $585.1 million of dry powder in its private market funds.