KKR Raises $6B For Largest-Ever Pan-Asian PE Fund

Law360, New York (July 10, 2013, 3:05 PM EDT) -- KKR & Co. LP has closed a massive Asian private equity fund with $6 billion in capital, the largest pan-Asian fund ever, bucking a regionwide trend of sluggish private equity fundraising, KKR announced Wednesday.

The firm said its Asian II Fund will seek to take advantage of an increase in domestic consumption in Asia and invest in companies look to grow market share domestically and internationally in the consumer products, retail, health care, education and industrial sectors.

The fund follows KKR's first pan-Asian fund, which closed in...
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