MBK Partners targets $6 bln buyout fund: Reuters


MBK Partners is seeking to raise as much as $6 billion for its fifth buyout fund, Reuters reported. MBK, set up in 2005 by ex-Carlyle Group Asia executives, plans to reach a first close by the end of November and a final close by the second half of next year, the story said. MBK targets companies in consumer, tech and financial services in South Korea, China and Japan, Reuters said.