Asia tech startups on KKR's radar, says co-founder Henry Kravis

Equity fund already invests in ByteDance and Voyager Innovations

20190408N KKR Henry Kravis

Henry Kravis, co-chairman and co-CEO of private equity firm KKR, cited "very good" returns on technology, media and telecommunications investments. (Photo by Shihoko Nakaoka)

AKIRA YAMASHITA, Nikkei staff writer

TOKYO -- U.S. private equity firm KKR will increase investment in startups driving technological innovation, says co-founder Henry Kravis, highlighting a strategic expansion beyond its traditional targets of big corporations.

Speaking to Nikkei in a recent interview, Kravis, the firm's co-chairman and co-CEO, also offered praise for Japan's tack toward better corporate governance under Prime Minister Shinzo Abe.

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