KKR's first asset-based finance fund raises $2.1b

KKR's first asset-based finance fund raises $2.1b

REUTERS/Brendan McDermid

Global Investment firm KKR & Co Inc on Wednesday closed its first asset-backed finance fund with about $2.1 billion from investors who are increasingly turning to collateral-based cash flows with attractive yields to beat market volatility.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter