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KKR closes record US$2.5bn Asia private credit fund

Global investment firm KKR has reinforced its leadership in Asia Pacific private credit with the close of a record-breaking US$2.5 billion raise, the largest pan-regional private credit fund assembled in the region. The raise comprises US$1.8 billion ($2.7 billion) for KKR Asia Credit Opportunities Fund II (ACOF II) and a further US$700 million from separately managed accounts (SMAs) targeting the same investment opportunities. The milestone...

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