KKR to invest in consumer retail, healthcare and tech firms, says Co-CEO

PE firm, which is sitting on a $100 billion cash pile, is also keen to participate in PSU bank privatisation

New York-based private equity firm KKR & Co, which has a $100-billion cash pile, has identified Indian real estate, consumer retail, health care and technology for its next round of investments, its co-chief executive officer Joseph Bae said.
 

The firm, which sold its stake in Max Healthcare for $2 billion, will also look at opportunities in the government’s privatisation drive — especially in banks. It has not participated in the ongoing sale of IDBI Bank.
 

KKR, which has invested $10 billion in India since 2006, is also keen to invest in the roads, highways and infrastructure sector, and operates three