KKR Latest To Scale Up Senior Lending Business

Law360, New York (January 12, 2012, 5:17 PM EST) -- New York buyout giant Kohlberg Kravis Roberts & Co. LP is planning to step up its senior lending business this year, making KKR the latest private equity firm to expand its credit management business in recent months, a spokeswoman for the firm confirmed Thursday.

KKR did not provide details for the new initiative, but an increased presence in the debt market would allow the firm to join a slew of other asset managers taking advantage of openings left by traditional lenders seeking to avoid heightened scrutiny...
To view the full article, register now.