KKR Pours $100M Into Associated Partners Telecom Ventures

Law360, New York (October 28, 2013, 2:26 PM EDT) -- KKR & Co. LP pounced on the red-hot telecom sector on Monday with the announcement that it has poured a reported $100 million into wireless infrastructure businesses managed by Associated Partners LP, an investment firm run by industry stalwarts David and Bill Berkman.

The New York private equity giant did not put a dollar figure on its investment but various media outlets placed it at $100 million, noting that the firm could funnel more into the companies later. The move comes as the proliferation of smartphones...
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