KKR raises $15 billion in Asia's biggest fund as buyout-backed deals rise

Private equity powerhouse KKR & Co said on Tuesday it has raised $15 billion for its fourth Asia-Pacific focused fund, marking the region's biggest private equity fund at a time when buyout-backed deals are on the rise. U.S.

-based KKR started marketing the new Asia fund towards the end of 2019, initially targeting $12.5 billion, sources familiar with the situation have said previously."Companies across Asia Pacific are recognising their potential to become not only national and regional champions but also global leaders in their.

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