KKR & Co. is seeking to raise $12.5 billion for its fourth buyout fund targeting Asia, a record size for the region, according to a fundraising document seen by Bloomberg.
The New York-based firm began marketing the fund this week, the document shows. The proposed amount is about a third greater than its previous $9.3 billion fund raised in 2017, much of which has already been invested. A Hong Kong-based spokeswoman for the company declined to comment.
