KKR Targets $6B For Second Asian Fund

Kohlberg Kravis Roberts & Co. is hoping to raise as much as $6 billion for its second Asian buyout fund.

Kohlberg Kravis Roberts & Co. (KKR & Co.) is hoping to raise as much as $6 billion for its second Asian buyout fund, Bloomberg reports. The firm intends to conclude the first round of fund-raising by mid 2012.

The U.S. buyout company garnered $4 billion for its first fund for investments in Asia which was completed in 2007. KKR & Co. is a New York–based global investment firm set up jointly by Henry Kravis and George Roberts.

Click here for the story from Bloomberg.