KKR & Co raises $9.3 billion for third Asia fund

KKR's success has been unique in India, primarily its investments in the manufacturing companies

Global private equity firm KKR & Co has raised $9.3 billion, the biggest ever mobilisation with investment focus in Asia. In the first ever fund in 2007, the company had raised $4 billion, followed by $6 billion in 2013. Both these funds were deployed across Japan, China and India, besides other countries in South Asia and Pacific region.

The company plans to invest in emerging opportunities with rising consumption on the back of urbanisation.  Sanjay Nayar, member and chief executive of KKR India, said, "This is an exciting time for investment given India’s macroeconomic environment and constructive government initiatives, besides rising