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Kohlberg Kravis Roberts & Company, also known as KKR, is a private equity firm that specializes in management buyouts. Founded in 1976, the company offers alternative asset management solutions for private equity and fixed income funds. It serves several banks, insurance companies and financial institutions. Kohlberg Kravis Roberts & Company also sponsors and manages funds on the behalf of third-party investors. With a staff of more than 600 employees, the company has offices in the United States, Japan, India, Australia, Turkey, Singapore and Hong Kong. It provides analysis solutions for several credit standards and macroeconomic conditions. Kohlberg Kravis Roberts & Company has completed over 120 transactions involving nearly $136 billion.