Carlyle, KKR, TPG Raising Billions for China, But Deals May Be Scarce

While Carlyle Group, Kohlberg Kravis Roberts & Co. and TPG Capital move to reach a combined fundraising target of about $13.5 billion for their new Asian buyout funds, the biggest prize in the Far East — China — remains a tough place to do acquisitions, an overseas deals lawyer told peHUB.

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