KKR raises $15bn for largest Asia fund

US private equity group to target consumer businesses and carve-outs

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KKR itself will be investing about $1.3 billion in the fund. © Reuters

WATARU SUZUKI, Nikkei staff writer

TOKYO -- U.S. investment company KKR on Tuesday said it raised $15 billion for its fourth Asia fund, making it the largest private equity fund in the Asia-Pacific region.

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