KKR related stories
All articles and analysis
John Brakey quits MacquarieThe head of Macquarie Fund Management's private equity fund of funds business has quit the firm after eight years, and is to lead KKR's IR activities in Australia.
- CCMP Asia closes $1.2bn Fund III
The Asia-focused buyout firm has wrapped up fundraising more than $1bn shy of its original target.
- Social venture fund holds second close on $34m
Latin American venture firm Ignia’s second round added $13.6m to the fund’s first close in early June. The firm expects to hold a final close on its debut fund, which is targeting up to $75m, in early 2009.
- KKR eyes $100m Chinese dairy deal
The private equity firm may back a dairy business that has been linked to a milk scandal in China. The scandal resulted in the deaths of four infants, and the illness of more than 50,000 people after dairy products were found to be contaminated.
- Buyout firms line up for Telvent
KKR is among the private equity firms preparing a bid for Spanish IT firm Telvent, which is currently majority-owned by Spanish conglomerate, Abengoa. Permira and The Carlyle Group have also been linked.
- Report: Private equity firms circle Bank of Ireland
A consortium including KKR, Carlyle and Cardinal Asset Management has reportedly tabled a €3bn bid to be part of Ireland’s first bank bailout. JC Flowers is also reportedly in the running to recapitalise Ireland's oldest bank.
- Buyout firms behind 62% of defaulting companies in 2008
Eighty-six companies this year have defaulted, affecting $285bn, 35 times the amount affected in 2007. That private equity is behind 62% of these companies is 'not a surprise', according to Standard & Poor's.
- KKR hires Indian head, corporate affairs director
The buyout firm's latest hires include former Coke executive Ludo Bammens as director of European corporate affairs. Meanwhile, Sanjay Nayar, ex-CEO of Citi's Asian operations, will be based in the firm's Mumbai office, which is opening in January.
- KKR Financial suspends dividend for Q3
KKR's publicly listed debt affiliate made $49m in third quarter profits but will suspend its dividend to preserve liquidity.
- Castle puts off London listing
Turbulent public markets have halted the Swiss-listed fund of funds' plans to list on the London Stock Exchange.