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

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.
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