KKR & Co.'s efforts to attract attention to its new mutual fund line is receiving plenty of attention — some of it gently mocking — from the news media.
The newly humble,
retail-courting buyout firm got a
full-length story in the
Wall Street Journal today, which focused on the scene around the firm's booth at the Schwab IMPACT conference in Chicago.
The firm, made famous by the book "Barbarians at the Gate," has adopted a softer tone to market its
two newly launched mutual funds. The
WSJ story notes that the firm was handing out logo-stamped golf balls to "curious — and sometimes not-so-curious — investors" at its booth.
Firm co-founder
George Roberts and head of asset management
Scott Nuttall were at the booth to schmooze with advisors. Nutall said that the firm is determined to eat whatever humble pie it must in order to build its mutual fund business. (The two also
took part in a panel discussion with
Chuck Schwab this week.)
"We think arrogance kills ... We have to earn the right for people to trust us," said Nutall. "We're introducing ourselves to this market in order for people to get to know who we are, and that we're not barbarians."
WSJ reporter Ben Kesling got some fun quotes from interlopers at the KKR booth.
"I was just looking at the golf balls. We generally use funds that have a track record," said one Nebraska advisor.
"Who are they? I did think that had spent a lot on their booth. It's a very nice booth. I wish them all the best," said another. 
Edited by:
Chris Cumming
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