Mar
06
KKR Gets Record $13.9 Billion for North American Buyout Fund
By-
Firm, employees commit $1.4 billion to KKR’s 12th fund
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Apollo, Carlyle, Silver Lake also in midst of fundraising
KKR & Co. amassed $13.9 billion for its latest private equity fund, the most ever raised for a buyout pool focused on North America.
The firm gathered the maximum $12.5 billion agreed to with investors and added $1.4 billion from its balance sheet and employees, according to a statement Monday from New York-based KKR. The fund, its 12th focused on the region, will target traditional buyouts as well as minority stakes, growth investments and toe-hold positions in public companies, KKR said…
KKR Gets Record $13.9 Billion for North American Buyout Fund