What is KKRs distribution policy?
We intend to make quarterly cash distributions to holders that in the aggregate are expected to constitute substantially all of the cash earnings of our asset management business each year in excess of amounts determined by us to be necessary or appropriate to provide for the conduct of our business, to make appropriate investments in our business and our investment funds, and to comply with applicable law or any of our debt instruments or other agreements. We do not intend to distribute gains on the principal investments, other than, certain tax distributions, if any, to the extent distributions for the relevant tax were otherwise insufficient to cover certain tax liabilities of our partners, as calculated by us. The actual amount and timing of distributions is subject to the discretion of our board of directors, and there can be no assurance that the distributions will be made as intended or at all or that such distributions will be sufficient to pay any particular unitholders actual
