Another Day, Another Massive Private Equity Buyout Fund

November 8, 2019 | Investments, News, Private Equity

How does a $15 billion Asia-focused fund sound?

A KKR Asian Buyout Fund is now the talk of the alternative investment markets.

KKR wants to raise a $15 billion buyout fund with a focus on Asian companies. The global private equity giant will start raising money in 2020, according to Reuters.

The report comes at a time that other private equity giants continue to turn their focus toward Asian markets. Firms like MBK Partners, Carlyle Group, KKR, and Blackstone Group have focused on Asia due to lower valuations and various metrics that have enticed activists.

Goals of the New KKR Asian Buyout Fund

According to Reuters, the company will start raiding money in Q1 2020. If the firm reaches its first close and meets a certain level, it can start buying firms, according to the report. Reuters goes on to report the fun will target Australia, China, Japan, and India. In addition, they’ll focus on the consumer, tech, and manufacturing verticals.

Yesterday, we noted that MBK Partners is also seeking to raise $6 billion for a buyout fund with a focus on the Asian markets. Further, this would be MBK Partners’ fifth fund and would focus on firms in China, Japan, and South Korea.

Meanwhile, in September, BlackRock announced it was raising $300 million for a real estate fund targeting high-growth markets like China. Finally, its rival KKR announced an Asia-focused RE fund with a $1.5 billion target.

Related: Blackstone Group CEO Stephen Schwarzman Expects Trade Resolution

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.

Alt Insights

January 16, 2020

ESG: Lately-turned Tesla Bull Jim Cramer Adds Fink To The Mix

ESG: Lately-turned Tesla Bull Jim Cramer Adds Fink To The Mix

Latest Alternative Investment News

Digital Assets: Ray Dalio – Cash is trash; BTC is Untouchable; Libra Maybe; Stocks are Good; Gold is Best
January 24, 2020     Digital Assets, News

Ray Dalio, a long time bitcoin sceptic, again panned the cryptocurrency at Davos. Cash is trash; BTC is Untouchable; Libra Maybe; Stocks are good; Gold is Best, he said.

American Banking Association: M&A Expectations for 2020
January 24, 2020     Community Banking, Latest News, News

The American Banking Association has released its outlook for merger and acquisition activity in the banking sector in 2020. The ABA finds that the forces contributing to the consolidation of…

Private Equity: BGH Capital Makes Better Offer For Village Roadshow
January 24, 2020     News, Private Equity

Private equity firm BGH Capital has thrown its hat into the ring to acquire Village Roadshow. On Friday, BGH made an unsolicited counter-offer of $4 per share for Village. A…

Digital Assets: Square Granted US Patent For New Currency Exchange Network Including Cryptos
January 24, 2020     Digital Assets, News

Payments processor Square won the US patent number 10,540,639 titled “cryptocurrency payment network” for a new network that could seamlessly process crypto-to-fiat transactions and the reverse. The transactions would occur…