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KKR Faces Heat From Investors Over Downfall Of Toys R Us

Law360 (June 26, 2018, 7:45 PM EDT) -- The Minnesota State Board of Investment is unsure whether it will continue to contribute to funds raised by KKR as it considers the private equity firm’s role in the downfall of Toys R Us, the state pension plan confirmed Tuesday.

The uncertainty regarding MSBI’s future participation in KKR & Co. LP fundraises comes as Toys R Us Inc. is completing the process of closing its remaining U.S. locations. The iconic retailer has been in the process of shuttering stores for months in the wake of a...
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