Seeking Alpha

KKR (KKR) is struggling to reach its target of raising $8B for its new North America fund,...

KKR (KKR) is struggling to reach its target of raising $8B for its new North America fund, having attracted less than $6.5B in total and under $1B since February, Bloomberg reports. KKR's difficulties stem from the under-performance of its last North American fund, which the firm closed in 2006 with $17.6B.
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