KKR raises S$7.6b in region’s largest fund

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#1
KKR is increasing its stake on Asia equity market...Big Grin

KKR raises S$7.6b in region’s largest fund

HONG KONG — KKR & Co raised US$6 billion (S$7.6 billion) for its third Asia private equity fund, equipping the firm with the largest such fund in the region at a time when market turmoil is creating both opportunities and challenges for foreign investors.

KKR said it raised US$1.5 billion, or 26 per cent of the fund, from Asian investors. The firm also raised US$908 million from new investors who did not participate in KKR’s first Asia fund.

http://www.todayonline.com/business/kkr-...rgest-fund
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
#2
A bit behind the curve? Navis picked the low lying fruits liao.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Reply
#3
(10-07-2013, 11:21 PM)opmi Wrote: A bit behind the curve? Navis picked the low lying fruits liao.

I quote a statement from the news article

"...for its third Asia private equity fund...".

I reckon it means KKR already started, likely very successful, and now becoming "greedy" to increase its weight...Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)