* Sign of optimism IPO market to return

* Retail investors cautioned on risky IPO shares

BOSTON, June 8 (Reuters) - Boston mutual fund giantFidelity Investments and New York private equity firm KohlbergKravis Roberts & Co.(KFN.N) have struck a deal to sell sharesof KKR initial public offerings to retail customers, hoping fora comeback in the frozen market.

KKR has investments in 50 companies with a combined $200billion of revenue. But KKR hasn't had an IPO since it tookSealy Mattress Co public in 2006.

Read the whole story on Reuters or try our Toolbar
Bookmark and Share

Related stories from top sites:

  • Fidelity and KKR in listings deal

    Jun 7th, 2009 - FT.com

    Mutual fund group Fidelity is teaming up with Kohlberg Kravis Roberts, the private equity firm, in an unusual deal that will give Fidelity's huge retail client base access to future public listings of KKR-owned and underwritten companies.

  • RPT-Fidelity to sell shares of KKR IPOs

    Jun 7th, 2009 - Reuters

    (Repeating with no change to headline or text) * Sign of optimism IPO market to return * Retail investors cautioned on risky IPO shares BOSTON, June 8 (Reuters) - Boston...

  • Fidelity, KKR form IPO alliance

    Jun 7th, 2009 - CNNMoney

    LONDON (CNNMoney.com) -- Fidelity and private equity firm Kohlberg Kravis Roberts announced Monday a deal that allows the mutual fund giant's customers to participate in initial public offerings of KKR companies.

  • KKR and Fidelity in deal for stock offerings: report

    Jun 7th, 2009 - Reuters

    NEW YORK (Reuters) - Fidelity Investments customers will get access to initial public offerings and other stock offerings by Kohlberg Kravis Roberts & Co KKR.UL companies under a deal expected to be announced on Monday...

  • Fidelity, KKR Near IPO Pact

    Jun 7th, 2009 - Wall Street Journal

    Fidelity Investments and Kohlberg Kravis Roberts & Co. are expected to announce an agreement on Monday to give some of the mutual-fund giant's customers access to...

More stories ...

Leave a Reply

Comment moderation is enabled. Your comment may take some time to appear.