The KKR founder sold a Degas painting Monday for just over $37m. That’s more than the $28m he paid in 1999, for an IRR of about 3% a year. Of course that’s without the benefit of leverage. And you can’t put a buyout prospectus on the dining room wall.Sign up to read the rest of this subscriber-only content, or if you are already a member please sign in here.
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