KKR Announces Earnings, Pulls Offering

Kohlberg Kravis Roberts reported an economic net income of $433.1 million for the second quarter, a drop from the $613.5 million for the 2Q 2009. The firm reported that its PE AUM is currently $41 billion and that its fee-related earnings for the quarter was $63.3 million. The company also announced that it has withdrawn its planned $500 million public offering of common stock due to market volatility.