KKR
PE recruitment: The churn
Recent turnover spikes at pan-regional players could be a harbinger of future spin-outs
KKR hires China Development Financial's Paul Yang as China head
KKR has recruited Paul Yang, president and CEO of Taiwan-headquartered China Development Financial Corporation (CDF), to become head of Greater China. He will continue the firm’s efforts to broaden its business locally and participate up and down the...
KKR's acquisition of Korea-based Kim's Club falls through
South Korean retail conglomerate E-Land Group has dropped plans to sell its luxury grocery chain Kim’s Club to KKR after agreeing a separate strategic divestment.
KKR's China private equity heads to spin out
David Liu, co-head of Asia private equity and head of China at KKR, and Julian Wolhardt, the regional leader of China, will leave the firm at the end of this year to raise a China-focused fund.
Northstar's Ashish Shastry to join KKR
Ashish Shastry, managing partner at Indonesia-focused Northstar Group, has agreed to join KKR. He will start work later in the year as head of Southeast Asia, succeeding Ming Lu, who was promoted to co-head of Asia private equity in 2015, according to...
KKR seeks up to $7b for third Asian fund
KKR will target between $6 billion and $7 billion for its third pan-regional fund, taking a relatively small step up from the previous vehicle, which closed at $6 billion in mid-2013.
Venture philanthropy: Change agenda
Well-established in developed and some developing markets, venture philanthropy is still only taking hold in much of Asia. PE firms are figuring out whether they should participate and in what way
Deal focus: Go-Jek targets multiple verticals
As a single-country player with a dominant position across verticals ranging from transportation to payment, Indonesia-based Go-Jek is tipped to overcome its rivals. A consortium of investors has committed $550m to make this happen
KKR, Warburg Pincus join $550m round for Indonesia's Go-Jek
Indonesian mobile ride-hailing and delivery platform Go-Jek has received $550 million from investors including KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets.
KKR set for $576m windfall from Gland Pharma exit
KKR will exit India-based Gland Pharma as Shanghai Fosun Pharmaceutical acquires a majority stake in the business for up to $1.26 billion. KKR’s share of the proceeds will be $576.3 million, more than twice what it invested in Gland in 2014.
KKR to exit GenesisCare as China Resources, Macquarie buy control
KKR will sell its 45% stake in Australia-based healthcare provider GenesisCare as China Resources Group and Macquarie Capital agreed to buy a majority interest in the business.
PE must define itself to take advantage of Asia buyout opportunities - AVCJ Forum
Asia continues to offer buyout opportunities, but funds looking to take advantage of them must define their benefits to company leaders, industry leaders told the AVCJ Singapore Forum.
KKR's Kravis sees Asia promise amid global macro volatility
Henry Kravis, co-founder of KKR, emphasized the importance of Asia’s rising middle class and the diversification of his firm’s investment approach as continued volatility globally is likely to deliver both uncertainty and opportunity.
KKR commits $78m to India's Kwality
KKR has agreed to invest INR5.2 bilion ($77.7 million) in Indian dairy products provider Kwality in a structured finance transaction.
KKR to part-exit China car dealership Rundong Auto
KKR will make a partial exit from Chinese car dealership China Greenland Rundong Auto as the company’s founder and president sealed agreements that will see him regain majority control and trigger a mandatory buyout offer.
KKR exits French energy firm to Australia's First State
KKR has sold its stake in French district heating provider Coriance to First State Investments, the asset management division of the Commonwealth Bank of Australia.
KKR to buy Korean retailer Kim's Club - report
KKR has agreed to buy Korean luxury grocery chain Kim's Club from its owner, Korean retail conglomerate E-Land Group.
KKR invests $81.2m in Indonesia's Japfa
KKR has made its first PE investment in Indonesia by acquiring a 10.4% stake in agri-food company Japfa Comfeed for $81.2 million.
Worlds apart: Virtual and augmented reality
Virtual reality is closer to mainstream acceptance than ever before, while augmented reality presents considerable potential – but financial returns will not come quickly and investors must show patience
Fosun Pharma makes offer for India's KKR-backed Gland
Hong Kong-listed drug maker Fosun Pharmaceutical has made a non-binding proposal to acquire Gland Pharma, an Indian pharmaceutical developer backed by KKR.
India NBFCs: Lending a hand
Momentum is building among India’s non-banking finance companies, and PE, government and regulators see promise in the power to reach untapped markets. Success will require the support of all three parties
Japan's JBIC to invest in KKR Americas fund
The Japan Bank for International Cooperation (JBIC) has made an LP commitment to KKR’s latest North American fund. The size of the investment was not disclosed.
Navis exits India's Classic Stripes through promoter buyback
Navis Capital Partners has exited its controlling stake in India's Classic Stripes in a buyback led by the family of founder Kishore Musale, with the backing of KKR. The deal is said to be worth INR3.6 billion ($54 million).
Deal focus: Ticket Monster targets seamless service
Korea's NHN Entertainment seeks payment synergies with PE-backed e-commerce marketplace Ticket Monster