KKR Closes $15 Bn Asian Fund IV The company will be investing approximately $1.3 billion in the capital alongside the fund through the firm and its employees' commitments

By Prabhjeet Bhatla

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

Global investment firm KKR on Tuesday announced the final close of KKR Asian Fund IV, a $15-billion fund focused on investments in private equity transactions across the Asia-Pacific region.

KKR will be investing approximately $1.3 billion in the capital alongside the fund through the firm and its employees' commitments.

"Over the last 16 years we have strategically built our Asia-Pacific platform and diverse regional team to unlock what we believe are some of the most compelling investment opportunities in the world given Asia-Pacific's growth and dynamism," said Ming Lu, Asia Pacific head, KKR. "Our new flagship private equity fund meaningfully adds to our multi-asset platform and strengthens our investment position across the region. We are grateful to our investors who have acknowledged the success of our Asia Pacific strategy and share our conviction in the tremendous potential that the region's businesses hold."

In January, the Firm announced the final closings of its inaugural pan-regional infrastructure and real estate funds, the $3.9 billion Asia Pacific Infrastructure Investors Fund and the $1.7 billion Asia Real Estate Partners Fund.

"The opportunity for private equity investment across the Asia Pacific is phenomenal. While each market is unique, the long-term fundamentals underpinning the region's growth are consistent: the demand for consumption upgrades, a fast-growing middle class, rising urbanization, and technological disruption. We are excited by the diverse opportunities we see and are pleased to deepen our commitment to the region with the close of our new fund," stated Hiro Hirano, Asia Pacific private equity co-head, KKR.

KKR's Asia Pacific private equity platform takes a flexible investment approach with the ability to pivot across sectors and markets to pursue the most attractive risk-adjusted opportunities. Through Asian Fund IV, KKR plans to pursue opportunities stemming from rising consumption and urbanization trends, as well as corporate carve-outs, spin-offs and consolidation as companies look to optimize their portfolios.

"Companies across the Asia Pacific are recognizing their potential to become not only national and regional champions but also global leaders in their industries," commented Ashish Shastry, Asia Pacific private equity co-head, KKR. "Today, with Asian Fund IV and KKR's local-global partnership approach, we are better positioned than ever to support the expansion of the companies that fuel Asia Pacific's economy, fund their innovation, and build technology leaders."

KKR Asian Fund IV has been said to be the largest private equity fund dedicated to investing in the Asia-Pacific region. The fund, which exceeded its target size to reach its hard cap for fund investors' commitments, received strong support from a diverse group of new and existing global investors, including strong representation by Asia Pacific-based investors.

"The overwhelming response for Asian Fund IV validates our strategic focus and investment discipline, especially given the competitive and current environment. We are grateful for the trust that our existing and new fund investors have placed in KKR and we are confident that our talented Asia Pacific team will continue delivering outstanding results," added Alisa Amarosa Wood, private markets strategies group head, KKR.

KKR launched its Asia Pacific platform in 2005, and today has over $30 billion in assets under management in the region across strategies, including private equity, infrastructure, real estate, and credit. KKR's Asia Pacific Private Equity portfolio currently includes investments in approximately 60 companies in 11 countries across the region.

Prabhjeet Bhatla

Former Staff

Business News

Over 1,300 Google Employees Have Signed a New Petition Asking For Job Security

Google laid off thousands of employees in the past two years, which has left some employees feeling insecure about keeping their jobs.

News and Trends

MSME Ministry Unveils TEAM Initiative with INR 277.35 Cr Budget to Empower Small Businesses

The programme aims to onboard 5 lakh MSMEs onto the Open Network for Digital Commerce (ONDC), fostering greater inclusivity by targeting 50% women-led enterprises.

Business News

OpenAI Says AI Industry Disruptor DeepSeek May Have Copied Its Work as Rivals Race to Catch Up

Competitor Alibaba, meanwhile, says it has developed a model that's even smarter than DeepSeek.

Business News

Barbara Corcoran Says She Doesn't Look at Resumes: 'Always Hire Attitude Over Experience'

If you think you need a strong resume to work with real estate pioneer Barbara Corcoran, think again.

Employee Experience & Recruiting

Employees Only Meet Expectations When They Know What's Expected

Survey data reveals employees want managers to tell them how their work fits into company strategy but those conversations are the exception, not the norm.

News and Trends

Mankind Pharma, Gauri Khan, and Others Lead Innov8's INR 110 Cr Funding Round

The funding issue was oversubscribed by 2.7 times and facilitated by InCred, with the company being valued at INR 1,000 crore (around USD 120 million).