10-07-2013, 10:39 PM
KKR is increasing its stake on Asia equity market...
KKR raises S$7.6b in region’s largest fund
HONG KONG — KKR & Co raised US$6 billion (S$7.6 billion) for its third Asia private equity fund, equipping the firm with the largest such fund in the region at a time when market turmoil is creating both opportunities and challenges for foreign investors.
KKR said it raised US$1.5 billion, or 26 per cent of the fund, from Asian investors. The firm also raised US$908 million from new investors who did not participate in KKR’s first Asia fund.
http://www.todayonline.com/business/kkr-...rgest-fund
KKR raises S$7.6b in region’s largest fund
HONG KONG — KKR & Co raised US$6 billion (S$7.6 billion) for its third Asia private equity fund, equipping the firm with the largest such fund in the region at a time when market turmoil is creating both opportunities and challenges for foreign investors.
KKR said it raised US$1.5 billion, or 26 per cent of the fund, from Asian investors. The firm also raised US$908 million from new investors who did not participate in KKR’s first Asia fund.
http://www.todayonline.com/business/kkr-...rgest-fund