Global investment firm KKR has held the final close of KKR Asia Credit Opportunities Fund (ACOF), a $1.1 billion fund focused on performing privately originated credit investments in Asia Pacific.

KKR’s Asia Credit platform seeks to provide bespoke private credit solutions to companies and sponsors which harness the strength of KKR’s alternative investment capabilities and its expertise as one of the largest alternative credit managers globally. The Asia Credit team leverages KKR’s local and global resources to source, diligence, and execute investment opportunities to provide customised financing, ensure capital protections, and support value creation in the process. 

ACOF intends to pursue investments primarily in performing privately originated credit, and broadly target opportunities across three primary investing themes, including senior and unitranche corporate lending, subordinated corporate lending, and asset-based finance investments.

Read more: Private Equity Wire