KKR is in preliminary discussions to launch a debt fund of $750M-$1B for India, the P-E firm's...

|About: KKR (KKR)|By:, SA News Editor
KKR is in preliminary discussions to launch a debt fund of $750M-$1B for India, the P-E firm's first that's specifically focused on the country, Reuters reports. KKR aims to exploit India's high interest rates and the need for cash of local corporations. However, KKR doesn't plan to launch the vehicle until it's closed a $6B+ pan-Asian fund, $3B of which has been raised.