US-based KKR started marketing the new Asia fund towards the end of 2019. - Reuters
SINGAPORE, April 6 (Reuters): Private equity powerhouse KKR & Co said on Tuesday it has raised US$15 billion for its fourth Asia-Pacific focused fund, marking the region's biggest private equity fund at a time when buyout-backed deals are on the rise.
US-based KKR started marketing the new Asia fund towards the end of 2019, initially targeting $12.5 billion, sources familiar with the situation have said previously.
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