Entering text into the input field will update the search result below

Report: KKR putting together $3B fund targeting oil and Asia

Jan. 20, 2015 12:23 PM ETKKR & Co. Inc. (KKR) StockKKRBy: Stephen Alpher, SA News Editor
  • “It’s going to be a great opportunity," said Henry Kravis about one month ago, speaking about the plunge in oil prices. “There’s a lot of debt out there today that is trading at pretty big discounts from par just because of the question, will some of these companies be able to survive.”
  • KKR is eyeing a raise of $2.5B-$3B for a second special situations fund after putting money to work from the previous pool faster than expected, reports Bloomberg.
  • Among target investments would be financing to companies hurt by the oil price collapse, and another area is Asia, where KKR sees the opportunity to step in as China - its banks dealing with their own NPLs - pulls back.

Recommended For You

More Trending News

About KKR Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
KKR--
KKR & Co. Inc.