KKR targets $12.5b for fourth pan-Asian fund
KKR is looking to raise $12.5 billion for its fourth pan-Asian fund. It is likely to be the largest-ever Asia-focused, US dollar-denominated fundraise, surpassing Hillhouse Capital’s $10.6 billion close last year.
The target was first reported by Bloomberg, which cited fundraising documents. AVCJ confirmed the figure with sources close to the situation. KKR declined to comment on fundraising. KKR has already flagged...
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