KKR’s Next North American Fund Won’t Reach $18 Bln

KKR plans to kick-off marketing for its next mega fund sometime in 2011 but don’t expect the pool to reach $18 billion, says Alex Navab, co-head of the firm’s North American private equity practice.

Navab, who was speaking with me Thursday at the Buyouts Conference in Dallas, says the firm is seeing “enthusiastic support” for KKR’s planned fundraising.

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