KKR bags $300m commitment for latest Asia fund from New York pension

REUTERS/Brendan McDermid

Private equity heavyweight KKR & Co has secured a $300 million capital commitment for its latest Asia-focused fund, KKR Asian Fund IV, from the New York State Common Retirement Fund (CRF).

The KKR fund will seek pan-Asia investments with a focus on control-oriented buyout transactions, according to CRF’s monthly transaction report in June. The investment was closed in June.

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