MBK targets $2.25b for fund III
MBK Partners has launched its third buyout fund with a target of $2.25 billion, AVCJ has been told. It is the latest in a string of large-cap pan-regional funds to enter the market, joining the likes of KKR, TPG Capital, The Carlyle Group and RRJ Capital.
MBK Partners III will follow a similar strategy to its predecessor, focusing on control transactions in North Asia. The Seoul-based GP, which was set up by Michael Kim, former president of Carlyle Asia,...
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