KKR raises $3 billion for second Asia fund
By Staff Reporter
Jun 24, 2012 06:50 PM EDT
Jun 24, 2012 06:50 PM EDT
Kohlberg Kravis Roberts, the private equity company, has raised more than $3 billion for its second Asia fund, according to a securities filing. Of that amount, $2.76 billion came from U.S. and non-U.S. investors, while $250 million has been committed by its general partners, KKR said in a filing dated June 22.
The New York-based firm is setting up its first deals team in Singapore as the U.S. private equity firm seeks to invest about $1 billion in Southeast Asia through its second Asia fund, sources with knowledge of the matter told Reuters earlier.
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