KKR & Co has raised USD 6 billion in a new Asia private equity fund, making it the region's biggest buyout fund, the US-based firm said in a statement on Wednesday.
Also Read: A busy week for Asia's central banks The Asian II Fund marks KKR's third private equity fund-raising in the region, following a USD 4 billion fund raised in 2007 and a USD 1 billion China Growth Fund in 2010, the statement added. KKR has invested more than USD 5 billion in Asia since 2005.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
