Firm: Kohlberg Kravis Roberts & Co.
Fund: KKR Asian Fund II Private Investors LLC
Target: $4 billion
Amount Raised: $6 billion
Kohlberg Kravis Roberts & Co. has finished raising $6 billion for its second pan-Asia fund, sources told sister news service Reuters, in the largest private equity pool ever assembled for the region, with strong demand from pension funds and endowments seeking emerging market returns.The new fund, KKR Asian Fund II Private Investors LLC, which follows a $4 billion regional fund it raised in 2007, is over-subscribed, the sources told Reuters, meaning demand exceeded the current total despite challenges facing investors putting money into ...