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KKR raises $1 1bn for its inaugural Asian credit fund

The Asia Credit Opportunities fund will invest in a blend of private credit, customised financing and asset-backed securities.

US private equity firm KKR secures $1 1bn in debut Asia credit fund: Bloomberg

RIYADH: KKR & Co. has raised $1.1 billion in its inaugural Asia credit fund that provides debt financing to companies, expecting volatility will spark opportunities and deliver high returns, according to Bloomberg. The global private equity firm said it plans to play a larger role in meeting the unmet demand for private credit in Asia, where it sees an imbalance of financing

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