KKR targets record $15 billion for new Asia-focused buyout fund: Report

Topics KKR | KKR India | KKR & Co

Global private equity group KKR & Co Inc is targeting a record $15 billion (£11.7 billion) for its new Asia-focused buyout fund, three sources with knowledge of the fundraising plan told Reuters.

A fund of that size would break the New York-based private equity firm's own 2017 record of a $9.3 billion fund and comes as buyout groups are increasingly focusing on Asian investments. The fundraising will start in the first quarter of 2020, with the aim of achieving first close, an important milestone indicating the fund has.....

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