KKR raises $9.3bn

View the latest capital raises

KKR held a $9.3 billion final close on its Asian Fund III. 

Some of the LPs including the Washington State Investment Board committed $500 million to the fund, while the New York State Common Retirement Fund invested $275 million, and the Minnesota State Board of Investment, $150 million. 

The fund's predecessor, KKR Asian Fund II, closed on $6 billion in 2013.