KKR Wins $225 Million From Oregon Pension for Asia Fund

KKR & Co. (KKR) won a $225 million commitment from the Oregon Investment Council for its second buyout fund investing in Asia.

The buyout firm is raising $6 billion for KKR Asian Fund II LP to invest across the region. The Oregon Public Employees Retirement Fund pledged $200 million, and Oregon’s Common School Fund is investing $25 million under a plan approved today by the Oregon Investment Council, which manages assets for both entities.

To contact the reporter on this story: Anthony Effinger in Portland at aeffinger@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

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