KKR
Discipline, operations key to PE success in China - DCP's Liu
Private equity investors in China should prioritize discipline on valuations and operational capabilities rather than spend their time worrying about macroeconomic risks, according to David Liu, chairman and founder of DCP Capital.
Accel-KKR invests Australia workforce software player
Accel-KKR, a US-based private equity firm created by Accel Partners and KKR, has invested A$28 million ($19.3 million) in Australian workforce management software provider Pegasus.
KKR pumps $150m into its India credit business
KKR has committed an additional $150 million in funding to its India-based non-banking financial company (NBFC), citing strong growth prospects for credit investment in the country.
KKR announces eight promotions in Asia
Chung Ho Park, a member of KKR’s private equity team and co-head of the firm’s Korea business, has been promoted to partner level. A further seven Asia-based professionals, across different strategies, were named managing directors.
India PE: Careful carving
Driven by distress and strategic rationale, Indian corporates are more willing to sell off attractive assets. Private equity investors must figure out what might be available before it comes on the market
India leveraged finance: Debt delivered
The greater availability of control deals in India is creating opportunities for leveraged lenders as they become more comfortable with the complexities of onshore-offshore capital movements
India middle market: Polarization point
Increased deal flow towards the top end of India’s private equity market is stretching the capacity of mid-tier local managers. What are the implications for co-investment and fund size?
Impact investment: Gray areas
The notion of delivering measurable positive social and environmental impact while simultaneously generating risk-adjusted financial returns has struck a chord with many LPs. But impact strategies can still be a tough sell
KKR targets $12.5b for fourth pan-Asian fund
KKR is looking to raise $12.5 billion for its fourth pan-Asian fund. It is likely to be the largest-ever Asia-focused, US dollar-denominated fundraise, surpassing Hillhouse Capital’s $10.6 billion close last year.
KKR plans Asia tech fund
KKR plans to raise a growth-stage technology fund focused on Asia, expanding a strategy that is already operational in North America, Europe, and Israel.
PropertyGuru abandons Australia IPO
Private equity-backed Southeast Asian online real estate portal PropertyGuru has decided not to proceed with its A$380 million ($256 million) IPO in Australia, citing market uncertainty.
PE-owned Latitude cancels Australia IPO
Australia and New Zealand consumer lending business Latitude Financial has abandoned plans for an IPO that would have facilitated partial exits for its private equity owners.
Legend joins $70m round for China pet food producer
Gambol, a Chinese pet food producer has secured a RMB500 million ($70 million) Series B from Legend Capital and Industrial Bank.
Philippines PE: Power dynamics
A virtually impenetrable middle market under the control of incumbent conglomerates is the least governable of the systemic obstacles facing private equity hopefuls in the Philippines
KKR, GIC to invest $680m in Philippines hospital operator
A KKR-led consortium has agreed to invest PHP35.3 billion ($680 million) in Metro Pacific Hospital Holdings (MPHH), prompting the Philippines-based hospital operator to abandon immediate plans for an IPO.
PropertyGuru seeks as much as $256m in Australia IPO
PropertyGuru, a Southeast Asia-focused online real estate portal that counts TPG Capital and KKR among its investors, is looking to raise up to A$380.2 million ($256 million) through an IPO in Australia.
KKR's impact business makes senior lateral hire in Asia
KKR has named Sharon Yang, who has worked on the firm’s private equity, growth equity and real estate strategies in Asia, as a senior investor in the region in its impact investment division.
PE-backed Latitude targets up to $946m in Australia IPO
KKR, Värde Partners and Deutsche Bank plan to make partial exits through an IPO of Australian consumer lending business Latitude Financial, which is expected to raise as much as A$1.4 billion ($946 million).
Australia leveraged finance: Best blend?
Two years ago, unitranche structures were a novelty in Australia’s leveraged finance market. Now they are an integral part of it. For borrowers and lenders, there might be no turning back
Core-plus investment: Expectations game
Capital-flooded markets and rising pressures to deploy have precipitated more flexible investment strategies in private equity. GPs must be careful when crossing between asset classes
KKR names Hirano, Shastry as co-heads of Asia PE
Hiro Hirano and Ashish Shastry, who lead KKR’s operations in Japan and Southeast Asia, respectively, have been appointed co-heads of private equity across the region.
KKR buys majority stake in India's EuroKids from Gaja
KKR has acquired a majority stake in Indian education services provider EuroKids International, facilitating a full exit for local GP Gaja Capital with a 6x return.
KKR joins round for Chinese online education platform
KKR and GGV Capital have led a $85 million funding round for Huohua, a Chinese online education platform specializing in mathematics and science.
KKR's China digital marketing platform gets expansion round
Cue, a China-focused digital marketing platform created last year by KKR, has raised its first round of expansion funding led by Anchor Equity Partners.