Henry Kravis on Building KKR, Deal-Making, and the Future of AI in Private Equity

Elad interviews Henry Kravis, co-founder of KKR, about his journey in pioneering the private equity industry. Kravis shares the origins of KKR, starting with a $120,000 investment and growing it into a global alternative investment firm with over $700 billion in assets. He discusses the firm's culture, emphasizing curiosity, risk-taking, and a collaborative environment where everyone participates. Kravis also touches on the evolution of the investment landscape, the importance of talent and management, and his personal investment philosophy, highlighting the need to adapt, learn from mistakes, and maintain a culture of inclusion. The conversation also explores the future of roll-ups in the age of AI and the key attributes of sustainable partnerships, drawing from his experiences with his cousin and co-founder, George Roberts.