KKR Private Equity Investors Provides Portfolio Clarification

March 13, 2008 10:18

KKR Private Equity Investors Provides Portfolio Clarification

No Exposure to Residential Real Estate Loans

GUERNSEY, Channel Islands--(BUSINESS WIRE)

KKR Private Equity Investors, L.P. (Euronext Amsterdam: KPE), a Guernsey limited partnership that invests its assets in private equity and opportunistic investments identified by Kohlberg Kravis Roberts & Co. (“KKR”), confirms that its investment portfolio has no exposure to residential real estate, mortgage-backed securities or subprime mortgages.

Kendra Decious, Chief Financial Officer, KKR Guernsey GP Limited, said “Over 90 percent of KPE’s $5.8 billion portfolio is invested in the KKR private equity funds and other private equity investments. KPE does not have any risk from U.S. home loan assets.” This press release is issued in response to inquiries directed to KPE from various unitholders.

KPE invests its capital as the sole limited partner of KKR PEI Investments, L.P. (the “Investment Partnership”). The Investment Partnership has drawn in full on its senior secured credit facility in the amount of $1.0 billion, which is not due to be repaid until its maturity on June 11, 2012.

KPE reported results for the quarter ended December 31, 2007 on February 29, 2008. KPE’s 2007 Annual Report, providing explanations of its investment strategy and holdings, can be found on its website at www.kkrprivateequityinvestors.com.

About KPE

KKR Private Equity Investors, L.P. (KPE) is a Guernsey limited partnership that seeks to create long-term value by participating in private equity and opportunistic investments identified by Kohlberg Kravis Roberts & Co. (KKR). Formed in April 2006, KPE enables certain public market investors to invest in KKR-identified investments. KPE will invest at least 75% of its assets in KKR’s private equity investments, while up to 25% of its assets may be invested opportunistically in other investments identified by KKR. KPE makes its investments through another Guernsey limited partnership, KKR PEI Investments, L.P., as its sole limited partner.