KKR
Asia consumer & technology: Multifarious merchants
Technology is changing the way consumers interact with retailers both concrete and virtual. Ramping up the sociability factor has become a priority amid increasingly pervasive mechanization
KKR backs Philippines telecom tower operator
KKR has invested an undisclosed sum in Philippines-based telecom tower operator Pinnacle Towers with a view to helping it expand into a regional platform.
Australia HR start-up Flare raises $16m
KKR-owned accounting services providers MYOB has led a A$22 million ($16 million) Series C round for Australian HR technology start-up Flare.
KKR launches India renewable energy platform
KKR has launched a renewable energy platform in India called Virescent Infrastructure, which will build out a portfolio primarily comprising investments made by KKR’s existing infrastructure business.
KKR beats target in ongoing Asia fundraise
KKR has surpassed the $12.5 billion target for its fourth pan-Asian buyout fund, with a final close expected at the end of this year or early in 2021.
KKR to invest $755m in India's Reliance Retail
KKR has followed up its investment in Jio Platforms, the holding company for a variety of digital assets owned by Reliance Industries, with a INR55.5 billion ($755 million) commitment to the Indian conglomerate’s retail unit.
TPG, KKR invest $220m in Singapore's PropertyGuru
Singapore-based real estate portal PropertyGuru has confirmed S$300 million ($220 million) in new commitments from existing backers TPG Capital and KKR.
KKR leads $150m round for China education platform
Huohua Siwei, a China-based children's online education platform specializing in mathematics and science, has raised $150 million in the first tranche of Series E led by KKR.
US-China tensions worry tech investors - M&A Forum
Asia technology investors warned that an escalation in US-China tensions that impedes the development of start-ups will ultimately cost end-consumers as well as public market investors.
Microsoft seeks to acquire TikTok assets from China's ByteDance
Microsoft Corporation wants to continue discussions over the purchase of the US operation of TikTok from PE-backed Chinese technology giant ByteDance amid threats from US President Donald Trump to ban the short video platform.
Deal focus: KKR's Vietnam macro proxy - update
KKR - working alongside Temasek Holdings - is using Vinhomes as a means to get exposure to Vietnam's booming property market. Mergermarket and AVCJ offer some additional industry context
Probe into death of Indian founder reveals PE link
An investigation into the apparent suicide of V.G. Siddhartha, founder of Indian coffee chain Café Coffee Day, has revealed that a promise of guaranteed returns to private equity investors might have contributed to the entrepreneur's untimely demise....
KKR backs Australia environment services player
KKR has made an investment of undisclosed size in GreenCollar, an environmental services provider that helped establish Australia’s carbon credit market.
KKR to buy control of Indian pharma player
KKR has agreed to buy a 54% stake in Indian drug maker J.B. Chemicals & Pharmaceuticals for INR31.1 billion ($416 million) and made an open offer for an additional 26% of the company.
Deal focus: KKR's Vietnam macro proxy
KKR's investment in Vietnam property developer Vinhomes is supposed to tap into infrastructure development as well as the home-ownership ambitions of a burgeoning middle class
KKR set for $10b first close on flagship Asia fund
KKR expects to complete a first close of $10 billion on its fourth pan-Asian fund at the end of June.
KKR, Temasek commit $650m to Vietnam property developer
A consortium led by KKR has invested VND15.1 trillion ($650 million) in Vinhomes, Vietnam’s leading integrated real estate developer, which went public in 2018.
KKR-backed IndiGrid acquires $41m transmission asset
India Grid Trust (IndiGrid), an infrastructure investment trust backed by KKR and GIC Private, has acquired a power distribution company in north India for INR3.1 billion ($134 million).
KKR targets stake in Philippine power developer
KKR has offered to acquire up to 9% of First Gen Corporation, a power plant operator in the Philippines, for PHP7.29 billion ($144 million).
KKR recruits fundraiser for Australia, New Zealand
KKR has hired Nicholas Hyde from IFM Investors as a managing director in its client partner group, with responsibility for fundraising and client relationships in Australia and New Zealand.
KKR, Japanese banks pump $1.2b into Marelli
Marelli, a leading global automotive components supplier formed when KKR combined Japan’s Calsonic Kansei Corporation with Europe-based Magneti Marelli, has secured JPY130 billion ($1.2 billion) in additional funding to ride out a market downturn.
Jio Platforms: Elephant in the room
India’s Jio Platforms has received substantial private equity backing as it looks to build a digital platform that is all things to all people, from cable to retail. Will it succeed?
Taiwan's Cathay Life backs KKR Asian fund
Cathay Life Insurance, a subsidiary of Taiwanese financial group Cathay Financial Holdings, has committed $50 million to KKR’s fourth pan-Asian fund.
KKR to invest $1.5b in India's Jio Platforms
KKR has made its largest private equity investment in Asia to date with a commitment of INR113.6 billion ($1.5 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries....