KKR says half of its 2025 PE capital distributions will come from Asia
Coronavirus
(Refiles to correct word in quote in paragraph 3, from "and" to "in") By Kane Wu HONG KONG :Half of the private equity capital that KKR & Co will return to investors this year will come from Asia, the global investment firm's co-CEO Joe Bae said on Tuesday. The move signals a strong recovery of private equity exits in the region, where high interest rates, challenging capital markets and bleak economic outlook after the coronavirus pandemic had dampened IPOs and M&A prospects and hurt returns.
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