[Updated] KKR moving into early-stage play, mulls over $300m TMT fund for Asia

[Updated] KKR moving into early-stage play, mulls over $300m TMT fund for Asia

REUTERS/Brendan McDermid

Buyout major KKR & Co is considering a move into early-stage investing, joining other private equity (PE) firms foraying into the venture space, with plans to raise over $300 million for a technology, media, and telecommunications (TMT) fund for Asia, according to several industry sources aware of the matter.

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