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KKR raises record $11bn for world's largest pan-Asia fund

US investment giant seeks eventual expansion to $12.5bn

The $11 billion raised by KKR for its fourth Asia-focused buyout fund surpassed the record $10.6 billion by Hillhouse Capital Group for the region in 2018.   © Reuters

CEBU, Philippines -- U.S.-based private equity giant KKR & Co. has raised approximately $11 billion for its fourth Asia-focused buyout fund, making it the largest pan-Asian private equity fund in the world.

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