X0609 4 2026-05-08 0001787621 KKR Asset-Based Finance Fund NONE 0002057671 Global Atlantic Ltd (Delaware) false 30 HUDSON YARDS NEW YORK NY 10001 true 0001576146 Global Atlantic Financial Group Ltd true WASHINGTON HOUSE, 6 CHURCH ST, 5TH FLR. HAMILTON D0 HM11 BERMUDA true 0001837034 Global Atlantic Financial Group LLC true WASHINGTON HOUSE, 6 CHURCH ST, 5TH FLR. HAMILTON D0 HM11 BERMUDA true 0001842456 KKR Magnolia Holdings LLC false 30 HUDSON YARDS NEW YORK NY 10001 true 0001842452 KKR Group Assets Holdings L.P. false 30 HUDSON YARDS NEW YORK NY 10001 true 0001842443 KKR Group Assets GP LLC false 30 HUDSON YARDS NEW YORK NY 10001 true false Class I Shares of Beneficial Interest 2026-05-08 4 J 0 1600000 D 2400000 I See footnotes On May 8, 2026, in connection with an internal reorganization (the "Reorganization"), Global Atlantic Limited (Delaware), an indirect, wholly owned subsidiary of KKR Group Partnership L.P., transferred 1,600,000 Class I shares of beneficial interest, par value $0.001 per share of the Issuer to KKR Alternative Assets LLC, another indirect, wholly owned subsidiary of KKR Group Partnership L.P., for an aggregate of $36,240,000.00. KKR Alternative Assets LLC and certain affiliates are separately filing a Form 3. Global Atlantic Limited (Delaware) is wholly owned by Global Atlantic Financial Group Limited, which is wholly owned by The Global Atlantic Financial Group LLC. KKR Magnolia Holdings LLC is the sole member of The Global Atlantic Financial Group LLC. KKR Group Assets Holdings L.P. is the sole member of KKR Magnolia Holdings LLC. KKR Group Assets GP LLC is the general partner of KKR Group Assets Holdings L.P. KKR Group Partnership L.P. is the sole member of KKR Group Assets GP LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Messrs. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person engaged in any transactions subject to Section 16 of the Securities Exchange Act of 1934 or is or was the beneficial owner of any securities reported herein, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. See Exhibit 99.1 2026-05-12