Kohlberg Kravis Roberts & Co. filed to list its shares on the New York Stock Exchange in a bid to broaden its U.S. investor base.
KKR Guernsey, the New York private-equity firm's publicly traded unit in Amsterdam, will be dissolved, the firm said Friday in a Securities and Exchange Commission filing.
KKR Guernsey shareholders will receive one U.S. share for each they already own and will own 30% of the New York company. KKR executives will own the rest.
KKR merged with its publicly traded European fund on Oct. 1 to gain a listing in Europe, after dropping plans for an initial public offering amid the credit crisis.
Since then, the pace of leveraged buyouts and the valuations of KKR-owned companies have picked up as debt and equity markets thawed.
Blackstone Group LP, the world's largest private-equity firm, went public in New York in 2007, just before the financial crisis.
On average, 14 times more Blackstone shares trade each day in New York than KKR units in Amsterdam, according to data compiled by Bloomberg over the past year.
Kristi Huller, a spokeswoman for KKR, declined to comment.
