KKR (KKR) has raised $6B for its Asia II private equity fund, making it the largest such...

|About: KKR (KKR)|By:, SA News Editor

KKR (KKR) has raised $6B for its Asia II private equity fund, making it the largest such investment vehicle in the region. The amount tops the $4B KKR attracted for its first Asia fund in 2007 and the $1B it brought in for its China Growth Fund in 2010. Valuations have been falling in Asia due to slowing economies, although volatility and strict barriers to investment for foreigners pose challenges.