KKR related stories
All articles and analysis
First Round: Kravisty of justiceOne of the year’s oddest private equity stories emerged in the UK recently, with news that some unidentified miscreants have been attempting to finagle cash out of unwitting retail investors by pretending to be US behemoth Kohlberg Kravis Roberts.
- A year's grace for TPG funds
TPG’s recently approved investment period extension for its Fund VI could help the firm when it comes to market with Fund VII.
- A very expensive car wash
Trustees at the Private Equity Foundation will have to roll up their sleeves for one charity promotion.
- KKR Asia scores $225m from Oregon
KKR’s second Asian Fund received $225m from the Oregon Investment Council Wednesday. The firm will take minority and controlling stakes in companies based in emerging and developed Asia.
- Meet Texas Teachers’ new head of private equity
Rich Hall, who was recently named private equity head at the pension system, said the asset class is essential to the fund generating the returns it needs to meet its obligations.
- Study: PE invested $144bn in US in 2011
The private equity industry invested $144bn across 1,702 transactions in the US in 2011, according to a recent Private Equity Growth Capital Council Report.
- Kohlberg reaches $945m on second close
The firm is well on the way to its $1.5bn hard-cap, having raised more than $400m since holding a first close in September.
- CalPERS and Blackstone form custom account
The Blackstone Group’s ‘tactical opportunities’ business is targeting $3bn to $5bn, which will be raised through the formation of separate, customised accounts with limited partners.
- Apollo to pull back on separate accounts
The firm has formed a $600m customised account with a large pension system, and could launch its next flagship buyout fund later this year, according to firm president Marc Spilker.
- Apax loses healthcare talent
US-based partner Bill Sullivan and two principals from the healthcare team have left or are leaving the firm, which recently held a €4.3bn first close on Fund VIII.