Leading global investment firm KKR today announced the final close of KKR Asian Fund IV (the “Fund”), a US$15 billion fund focused on investments in private equity transactions across the Asia Pacific region. KKR will be investing approximately US$1.3 billion in capital alongside fund investors through the Firm and its employees’ commitments.
“Over the last 16 years we have strategically built our Asia Pacific platform and diverse regional team to unlock what we believe are some of the most compelling investment opportunities in the world given Asia Pacific’s growth and dynamism,” said Ming Lu, Head of KKR Asia Pacific. “Our new flagship private equity fund meaningfully adds to our multi-asset platform and strengthens our investment position across the region. We are grateful to our investors who have acknowledged the success of our Asia Pacific strategy and share our conviction in the tremendous potential that the region’s businesses hold.”
Today’s announcement builds on the momentum across KKR’s Asia Pacific platform. In January, the Firm announced the final closings of its inaugural pan-regional infrastructure and real estate funds – the US$3.9 billion Asia Pacific Infrastructure Investors Fund and US$1.7 billion Asia Real Estate Partners Fund.
Source: The Argus Press
By Business Wire
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