KKR secures US$2.5 billion for second Asia private credit fund

KKR closes $2.5bn second Asia private credit fund

KKR has closed its second Asia-focused private credit fund at $2.5bn, according to a report by Bloomberg citing people familiar with the matter. The final close took place in late December, marking a step up from the firm’s inaugural $1.1bn regional vehicle raised in 2022. The Asia Credit Opportunities Fund II includes around $700m from separately managed accounts and is focused on performing credit opportunities across the region. The fund is r…

KKR secures US$2.5 billion for second Asia private credit fund

The Asia Credit Opportunities Fund II final close includes US$700 million from separately managed accounts