KKR raises record $15 billion for Asia fund
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Last Updated: Apr 06, 2021, 05:21 PM IST
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KKR said it will invest about $1.3 billion in capital alongside fund investors through the firm and its employees’ commitments.
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MUMBAI: US private equity giant KKR has raised a record $15 billion for its fourth Asia fund as the New York-headquartered firm looks to take advantage of raising appetite for private institutional capital in the region.
The Fund, which exceeded its target size to reach its hard cap for fund investors’ commitments, received strong support from a diverse group of new and existing global investors, including strong representation by Asia Pacific-based investors, KKR said in a statement.