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Stock impact report

KKR Completes US$2.5 Billion Asia Private Credit Fundraise

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Company Research Source: Business Wire
HONG KONG--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the completion of a US$2.5 billion fundraise focused on committing capital to privately originated performing credit investments in Asia Pacific. The fundraise includes US$1.8 billion in KKR Asia Credit Opportunities Fund II (“ACOF II” or the “Fund”) and US$700 million raised from separately managed accounts focused on the same types of investment opportunities.At close, the Fund is the largest pan-regional performing private credit fund in Asia Pacific. This closely follows KKR’s inaugural Asia Pacific-dedicated private credit fund, KKR Asia Credit Opportunities Fund, which closed at US$1.1 billion in 2022 as the largest inaugural pan-regional fund focused on performing credit. KKR’s Asia Credit platform has signed 10 investments through ACOF II representing US$1.9 billion in KKR commitments, including other pools of capital, and a total transaction volume of US$4.6 billion.Diane Raposio, Partner a Show less Read more
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