KKR warns of impact on fundraising, portfolio due to COVID-19

KKR warns of impact on fundraising, portfolio due to COVID-19

REUTERS/Brendan McDermid

Buyout giant KKR & Co has warned that the economic fallout of the COVID-19 pandemic is likely to diminish the valuation of its investments as well as its ability to market new funds, thereby causing a material impact on its business performance in 2020.

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