KKR Raises $8 Billion European Flagship Fund in Tough Market
- Fund tops 2019 buyout vehicle as KKR’s largest for Europe
- KKR’s Freise warns that six months will be ‘very turbulent’
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KKR & Co. has closed its largest-ever European buyout fund, giving the investment firm ammunition for deals at a time when private equity is navigating volatile markets.
KKR has raised fresh commitments of $8 billion, including more than $1 billion of that from its own balance sheet and employee commitments, KKR said Tuesday in a statement. That compares with the $6.6 billion fund it raised in 2019.