Business

KKR Fund Troubles and Wall Street Credit Concerns

Updated 2026-05-11 16:05 UTC 1 source Negative

The KKR private credit fund faces mounting losses, prompting a rein in its credit line by JPMorgan Chase-led banks. Meanwhile, wealthy buyers continue to purchase Manhattan real estate despite potential tax implications.

Coverage timeline — 2 articles
CNBC
Real estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.
2026-05-11 15:43 UTC
CNBC
The KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story.
2026-05-11 15:49 UTC
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