Venture Intelligence (TSJ Media Pvt. Ltd.)
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KKR targets to close second Asia private credit fund with $2-B
KKR is aiming to conclude fundraising for its second Asia-focused credit fund in December, with a target of approximately USD 2 Billion. The fund, Asia Credit Opportunities Fund II, initiated its fundraising process in January 2024 and is intended for performing credit deals expected to yield low-to-mid-teen returns.KKR manages USD 315 billion in credit assets globally as of September. The firm has been actively expanding its private debt operations in Asia, recently hiring its first private credit specialist in Japan and completing deals in Australia and India. In 2022, KKR successfully raised USD 1.1 billion for its first Asia-Pacific credit fund.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.