KKR moving into tech startups in Asia with $300m fund

Ballooning venture capital market attracts private equity

20190926 kkr

KKR is planning a move into early-stage investing in Asia. © Reuters

MARS W. MOSQUEDA JR., DealStreetAsia

CEBU, Philippines -- Buyout specialist KKR is considering a move into early-stage investing, with plans to raise as much as $300 million for an Asia-focused technology, media, and telecommunications fund, according to several industry sources aware of the matter.

This development was first reported by the Financial Times. 

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