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.
During the company's earnings call Tuesday, KKR's chief financial officer Robert Lewin said KKR Asia Fund IV is already 20% larger than its predecessor, which closed at $9.3 billion in 2017.