KKR

The Keystone strategy is expected to remain relevant across fundraising cycles, managing partner Ian Charles and partner Charlie Tingue tell PEI.

KKR North America Fund XIV will build on the firm's history of implementing employee ownership programmes in its portfolio companies.

'We really like the idea of building a secondary platform with a blank sheet of paper,' KKR CFO Rob Lewin said on the firm’s Q4 2025 earnings call.

Japan is KKR’s second-largest private equity investment destination, with India also in the top four, co-chief Joseph Bae told an HKMA event in Hong Kong.

Opening up alternative assets to non-institutional investors, from HNWIs to 401(k) account holders, represents up to $80trn. It's an alluring pot of capital for an industry with flatlining annual fundraising figures in some asset classes. And yet, multiple headwinds exist, making the journey towards increasing democratisation far from straightforward.

PGIM and Partners Group became the latest firms this week to disclose partnerships amid a trend of traditional asset managers and private markets specialists partnering to tap more non-institutional capital.

KKR-owned Colonial First State, which manages one of Australia’s 10-largest superfunds, will make its inaugural private equity allocation this month, PE head Chloé Brayne tells PEI.

The firm's last regional flagship – the 2021-vintage KKR Asian Fund IV – is the largest pan-Asian buyout fund to date.

The $37bn investment arm of Denmark’s Novo Nordisk Foundation is building a roster of homegrown GPs in Asia and growing its regional headcount, says managing partner Amit Kakar.

Investors expect the number of tail-end vehicles still holding assets to rise amid ongoing liquidity pressures and difficulties in GPs differentiating themselves.

Year-on-year growth is back on track after last year’s fundraising flatline, though the nature of this growth has shifted.

Evergreen funds account for about 5% of private markets NAV today, a figure that is expected to grow in the long term.

The recent redemption rush in credit evergreens underscores that the democratisation of private markets still requires careful calibration.

Global capital is pouring into Japan, yet fundraising data reveals a more uneven picture as domestic constraints and cyclical dynamics reshape the market.

Gulf capital that was previously earmarked for the US or Europe could be redirected towards home countries, Andrei Rotaru, head of Middle East private equity, tells PEI.

The conversion of fund stakes into tradable digital securities will allow more individual investors to access all types of private equity funds, Steffen Pauls tells PEI.