KKR Raises $9.3 Billion for Biggest Asian Private Fund
KKR & Co. has raised $9.3 billion for its third Asia fund, making it the biggest ever pool by a private equity firm in the region. With the latest fund, KKR’s private equity business has $68 billion in assets worldwide. KKR raised $4 billion for its first Pan-Asian fund in 2007 and $6 billion in 2013.
“With the latest fund, KKR’s private equity business has $68 billion in assets worldwide”
The fund’s investors include public pensions, sovereign wealth funds and family offices. KKR has been particularly busy with large deals in Japan in recent months, announcing a $2.3 billion acquisition for Hitachi Ltd’s chip-making equipment and video solution unit in April and $1.3 billion deal for power tools firm Hitachi Koki Co Ltd in January.
KKR is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit strategies and hedge funds. As investors with an industrialist vision, we aim to generate attractive investment returns by following a patient and disciplined approach, employing high-quality people, pursuing the highest standards of excellence, and aligning our interests with those of all our investment partners.
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