KKR raises $1.1bn for Asia debt fund

The firm has announced the final close of its inaugural Asia debt fund.

Fund name: KKR Asia Credit Opportunities Fund
Amount raised: $1.1 billion
Stage of fundraising: Final close
Final close: May 2022

KKR has held a final close for credit fund KKR Asia Credit Opportunities Fund on $1.1 billion. The vehicle will pursue investments primarily in performing privately originated credit, and broadly target opportunities across three primary investment themes: senior and unitranche corporate lending; subordinated corporate lending; and asset-based finance investments in Asia-Pacific.