KKR's $1.4 billion sports bet started with a decade-old relationship

L.A. Dodgers celebrate their 2024 World Series win.

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• In February, KKR bought sports investing experts Arctos Partners for $1.4 billion.
• KKR's co-CEO Scott Nuttall explained how a deal a decade ago led to KKR's acquisition.
• He outlined how KKR and Arctos would build out a business buying stakes in private equity funds.

KKR's $1.4 billion acquisition of Arctos Partners traces back more than a decade to a relationship that began long before Arctos even existed.