KKR to Babson Swoop in to Fill Asian Lending Gap Left by Banks

  • Record $5.5 billion raised by Asia-focused private debt funds
  • Stricter financial regulation is constraining lending by banks

KKR & Co. and Babson Capital Management LLC are looking to take advantage of a pullback in lending by banks in Asia, after funds active in the region raised a record amount from investors.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.