KKR & Co. has raised more than 6 billion euros ($6.6 billion) at the first close for its latest European buyout fund, people familiar with the matter said.
The private equity firm has already topped the amount of committed capital from its last vehicle focused on the region, the people said, asking not to be identified discussing confidential information. It’s continuing to collect further commitments for the new pool, the people said, without specifying the final target.
New York-based KKR stood out during the pandemic for deploying record amounts of money while most private equity peers stayed on the sidelines. It’s recently been focusing heavily on technology and health-care investments as it seeks to ride societal trends like the aging population.
Read more: BNN Bloomberg
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