---
title: "KKR's publicly traded private credit fund has seen pressure, CFO says"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278737470.md"
datetime: "2026-03-11T14:08:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278737470.md)
  - [en](https://longbridge.com/en/news/278737470.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278737470.md)
---

# KKR's publicly traded private credit fund has seen pressure, CFO says

NEW YORK, March 11 (Reuters) - KKR’s (KKR.N) publicly traded private credit fund has seen some pressure, but the company sees more opportunity in non-traded vehicles, Chief Financial Officer Robert Lewin said on Wednesday. Private debt funds known as business development companies (BDCs) have seen their share prices fall on public exchanges and redemption requests from the non-traded versions rise as investors worry about credit markets and exposure to the software sector. KKR FSK Capital Corp’s (FSK) shares are down 29% so far this year.

“The minority of our capital, roughly $17 billion in direct lending, sits in BDC format,” Lewin told the RBC Capital Markets Global Financial Institutions conference in New York. He said $14 billion of that sits in FSK which “has had pressure on returns of the near term, largely from some subordinated exposure.”

“We don’t have much capital in that private BDC space, and we think there can be a real opportunity for us here,” he added.

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