{
  "crd_number": 146629,
  "slug": "kkr-credit-advisors-us-llc-san-francisco-ca-146629",
  "primary_business_name": "KKR CREDIT ADVISORS (US) LLC",
  "legal_name": "KKR CREDIT ADVISORS (US) LLC",
  "dbas": [
    "KKR CREDIT ADVISORS (IRELAND) UNLIMITED COMPANY (RELYING ADVISER)"
  ],
  "city": "San Francisco",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2008-10-15",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-09-25",
  "carried_forward": false,
  "raum_total": 270850554473.0,
  "raum_discretionary": 270850554473.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 609,
  "advisory_employees": 181,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": null,
      "count": 0
    },
    "individuals": {
      "raum": null,
      "count": 0
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": 984674066.0,
      "count": 5
    },
    "insurance_companies": {
      "raum": 171366996808.0,
      "count": 21
    },
    "investment_companies": {
      "raum": 1851046189.0,
      "count": 5
    },
    "pension_profit_sharing": {
      "raum": 3454036976.0,
      "count": 6
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": null,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": 93193800434.0,
      "count": 167
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 7,
  "states_registered": [
    "CA",
    "MA"
  ],
  "websites": [
    "https://fskkrcapitalcorp.com",
    "https://kjrm.co.jp/english/index.html",
    "https://kkcaustralia.com.au",
    "https://kkr.com",
    "https://kkr.com/wealth",
    "https://kkrfunds.com",
    "https://kkrgcof.com.au",
    "https://kkrkitaud.com.au",
    "https://kseries.kkr.com/kabf",
    "https://linkedin.com/COMPANY/KKR",
    "https://x.com/KKR_CO",
    "https://youtube.com/@kohlbergkravisroberts"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146629",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "SAN FRANCISCO",
  "url": "https://advisorcensus.com/firm/kkr-credit-advisors-us-llc-san-francisco-ca-146629",
  "display_name": "KKR Credit Advisors (US) LLC",
  "summary": "KKR Credit Advisors (US) LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2008, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.",
  "citation": "AdvisorCensus. KKR Credit Advisors (US) LLC (CRD 146629): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Publication of periodicals or newsletters"
  ],
  "quick_answers": [
    {
      "q": "How is KKR Credit Advisors (US) LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), KKR Credit Advisors (US) LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other."
    },
    {
      "q": "Where is KKR Credit Advisors (US) LLC located?",
      "a": "KKR Credit Advisors (US) LLC's principal office is in San Francisco, CA, according to its Form ADV; the October 2026 filing also lists 10 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is KKR Credit Advisors (US) LLC registered with the SEC or a state?",
      "a": "KKR Credit Advisors (US) LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 146629."
    },
    {
      "q": "How much does KKR Credit Advisors (US) LLC manage?",
      "a": "KKR Credit Advisors (US) LLC reports $270,850,554,473 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have KKR Credit Advisors (US) LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for KKR Credit Advisors (US) LLC: Regulatory assets under management: $68,054,071,000 in the October 2021 data and $270,850,554,473 in the October 2026 data, up 298%. Total employees: 275 in October 2021 and 609 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does KKR Credit Advisors (US) LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (167); insurance companies (21); pension and profit sharing plans (but not the plan participants or government pension plans) (6)."
    },
    {
      "q": "Which custodians does KKR Credit Advisors (US) LLC use?",
      "a": "KKR Credit Advisors (US) LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Bank of New York Mellon Trust Company, N.A. and U.S. Bank National Association as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does KKR Credit Advisors (US) LLC report any disciplinary disclosures?",
      "a": "Reports 7 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.D(5), 11.E(2)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/146629"
    },
    {
      "q": "What changed in KKR Credit Advisors (US) LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Its Item 11 disclosure answers changed. Employees performing advisory functions went from 171 to 181. Regulatory assets under management went from $230,098,900,372 to $270,850,554,473 (+18%). Added an office in Boston, MA. Added an office in Brighton, MA. Added an office in Los Angeles, CA. Registered or notice-filed in MA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 68054071000.0,
      "total_employees": 275,
      "filing_date": "2021-07-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 174332763000.0,
      "total_employees": 378,
      "filing_date": "2022-05-03"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 176015975844.0,
      "total_employees": 470,
      "filing_date": "2023-05-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 205116297686.0,
      "total_employees": 470,
      "filing_date": "2024-08-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 230098900372.0,
      "total_employees": 581,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 270850554473.0,
      "total_employees": 609,
      "filing_date": "2026-09-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Its Item 11 disclosure answers changed.",
        "Employees performing advisory functions went from 171 to 181.",
        "Regulatory assets under management went from $230,098,900,372 to $270,850,554,473 (+18%).",
        "Added an office in Boston, MA.",
        "Added an office in Brighton, MA.",
        "Added an office in Los Angeles, CA.",
        "Registered or notice-filed in MA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "The Bank of New York Mellon Trust Company, N.A.",
      "name_as_filed": "THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.",
      "affiliated": false
    },
    {
      "name": "U.S. Bank National Association",
      "name_as_filed": "U.S. BANK NATIONAL ASSOCIATION",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/kkr-credit-advisors-us-llc-san-francisco-ca-146629.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 5,
      "fewer_than_5": false,
      "raum": 1851046189.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 167,
      "fewer_than_5": false,
      "raum": 93193800434.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 3454036976.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 984674066.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 21,
      "fewer_than_5": false,
      "raum": 171366996808.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "disclosure_line": "Reports 7 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146629",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}