KKR raises one-third of $6b Asia fund – report
KKR has reportedly attracted commitments of $2 billion in the first round of capital raising for its new Asia fund, which has a final target of as much as $6 billion. The news comes after The Carlyle Group made initial approaches to investors regarding its $3.5 billion fourth Asia buyout fund.
According to Bloomberg, KKR plans to announce a first close in June. Like many of its counterparts globally, the private equity firm is said to be offering investors the choice of a lower management fee...
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