Primary tabs

KKR amasses US$9.3 bil in biggest ever Asia private fund pool

Bloomberg Published on Fri, Jun 02, 2017 / 11:20 AM GMT+8

Caption: Henry Kravis and George Roberts, Co-Founders and Co-CEOs

A-

A+

(June 2): KKR & Co. has raised US$9.3 billion ($12.8 billion) for its third Asia fund, amassing the biggest ever pool by a private equity firm in the region, as the firm steps up investment in Japan.

(Photo: Henry Kravis and George Roberts, KKR co-founders and co-CEOs)

About US$800 million of the pool comes from the firm’s balance sheet and employees, the company said in a statement. The fund is 55% larger than its second Asia fund, which had generated a net internal rate of return of 20.6% as of March 31, the New York-based firm said in the statement Friday.