Dossier
Justin Berk
Coverage of Justin Berk in the Nexus archive.
- KKR shared profits from a big sale with employees. Here's what they're doing with the windfall.
KKR paid nearly 400 ISC employees substantial payouts following the sale of Integrated Specialty Coverages to Onex Partners. These payments, which ranged up to over $413,000, are part of a broader KKR initiative designed to share private equity profits and promote employee ownership across its portfolio companies. Employees stated that the windfall was life-changing, allowing them to fund vacations and down payments.