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KKR closes US$15b Asian Fund

Wednesday, April 7, 2021


(Money Management by Oksana Patron) - KKR, global investment firm, is closing its US$15 billion Asian Fund IV, focused on investment in private equity transactions across the region.

The firm, which would be investing approximately US$1.3 billion in capital alongside fund investors through the firm and its employees’ commitments, said the fund was currently the largest PE fund dedicated to investments in the Asia Pacific region and had exceeded its target size to reach its hard cap for fund investors’ commitments.

This was thanks to its strong support from a diverse group of new and existing global investors, including strong representation by Asia Pacific-based investors, the firm said.

Through Asian Fund IV, KKR would plan to pursue opportunities stemming from rising consumption and urbanization trends, as well as corporate carve-outs, spin-offs, and consolidation as companies look to optimize their portfolios, a strategy led by a team of approximately 70 investment professionals based in eight offices across six major Asia Pacific markets.

 

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