KKR
PE and tech investment: The late show
Private equity firms are participating in late-stage rounds in Asia’s technology space as they look to gain a toehold in start-ups with the potential to transform economies. But do the valuations make sense?
PE and tech investment: Forward planning
The growing influence of technology across every industry is forcing PE firms to review approaches to investment. Ensuring the right people have the right information sits at the heart of these efforts
Deal focus: KKR lays down a marker in Taiwan
Seven years after its privatization of Yageo Corp was blocked, KKR is back pursuing a $1.56 billion bid for LYC Chemical Corp. The initial response from regulators has been positive
KKR targets $1.56b privatization of Taiwan’s LCY Chemical
KKR is pursuing its first Taiwan privatization since 2011 – when the acquisition of Yageo Corp. was blocked, prompting questions about the government’s attitude towards PE buyouts – with a NT$47.8 billion ($1.56 billion) bid for LCY Chemical Corp.
India's Fortis rejects TPG-backed buyout bid
Indian healthcare service provider Fortis Healthcare (FHL) has chosen IHH Healthcare as the buyer for its hospital operation, ending a protracted bidding process and rejecting a INR32 billion ($472 million) offer from TPG Capital and its portfolio company...
KKR buys Unilever Indonesia's spreads business
KKR has agreed to acquire a controlling stake in a division of consumer goods company Unilever Indonesia that focuses on food spreads such as butter and cooking oil for about IDR2.9 trillion ($210 million).
Activist investors in Japan: Governance gambit
Japan's governance reforms have given activist investors more leverage over underperforming companies. PE firms are well positioned to offer solutions to these targets in the form of carve-outs, privatizations, or partnerships
Japan outbound M&A: Looking for growth
Unable to find growth at home, Japanese companies are looking for it overseas. Private equity investors can be helpful in everything from execution to integration, provided they can prove their credentials
India's Fortis reopens bidding for hospital business
Indian healthcare service provider Fortis Healthcare (FHL) has reopened bidding for its hospital operation and invited offers from several potential investors, including TPG Capital-backed Manipal Hospital Enterprises (MHEPL).
Manipal, TPG improve offer for India's Fortis Healthcare
Manipal Hospital Enterprises (MHEPL), an Indian hospital chain backed by TPG Capital, has submitted a revised buyout offer for Fortis Healthcare's (FHL) hospital operation that values the business at about INR83.5 billion ($1.2 billion).
India’s PE-backed Bharti, Indus to merge
Indus Towers, an Indian telecom tower network backed by Providence Equity Partners, will merge with domestic rival Bharti Infratel, whose investors include KKR and the Canada Pension Plan Investment Board (CPPIB).
India's Fortis weighs competing buyout offers
Indian healthcare service provider Fortis Healthcare (FHL) has formed a panel to evaluate several competing investment offers, including bids of INR61 billion ($933 million) from TPG Capital-backed Manipal Hospital Enterprises (MHEPL) and INR101 billion...
Indonesia PE: The long game
Indonesia is an attractive market for private equity investors thanks to its strong macro fundamentals, but sourcing large-cap deals remains a protracted process as family owners look for partners they can trust
Fund focus: SeaLink’s patience pays off
Four years after its founders left their previous jobs with KKR in India, SeaLink Capital Partners has closed its debut fund. Now the GP is on the look-out for opportunities in the middle market
KKR media platform invests $80m in Singapore's GSC
Emerald Media, a pan-Asian media and entertainment platform backed by KKR, has invested $80 million in Global Sports Commerce (GSC), a Singapore-based sports technology and management business that has worked with groups such as the English Premier League...
KKR creates China digital marketing platform
KKR has completed a platform investment in China’s digital marketing space, bringing together four local companies to provide a one-stop service covering everything from advertising to analytics.
Long-term capital: The patient play
Permanent and long-term capital structures are an attractive proposition for a wide range of players in Asia’s PE market, but bringing them from theory into practice presents numerous challenges
Indonesia's Go-Jek secures $1.5b Series E round
Indonesian ride-hailing and delivery platform Go-Jek has closed its Series E round at $1.5 billion with contributions from the likes of Tencent Holdings, JD.com, Meituan-Dianping, Google, Temasek Holdings, BlackRock, and Samsung Venture Investment.
KKR part exits India's Coffee Day for $63m
KKR has sold the majority of its stake in Indian coffee shop and restaurant chain Coffee Day Enterprises for INR4.1 billion ($62.6 million).
Indonesia's Go-Jek scales up with Series E round
Indonesian ride-hailing and delivery platform Go-Jek is set to achieve a post-deal valuation of more than $5 billion through a funding round that was expected to reach $1.5 billion but has seen the addition of several strategic backers.
KKR joins $1.75b investment in India's HDFC
KKR has joined a group of investors including Singapore’s GIC Private and the Ontario Municipal Employees Retirement System (OMERS) to commit INR111 billion ($1.75 billion) to listed Indian financial institution HDFC.
KKR media platform buys India cartoon studio
Emerald Media, a pan-Asian media and entertainment platform backed by KKR, has acquired a majority stake in Cosmos-Maya, an animation studio based in Singapore and India.
Technology: The unavoidable angle
Technology is directly or indirectly redefining business models across Asia. Private equity investors must embrace change or risk seeing returns damaged as portfolio companies are disrupted
AVCJ Awards 2017: Firm of the Year & Fundraising of the Year - Large Cap: KKR
From raising the largest pan-regional fund ever seen in Asia to concluding Japan’s biggest PE buyout, KKR has enjoyed an eventful 12 months