KKR has launched an office in Shanghai, its third location in Greater China and its eighth in Asia-Pacific. The buyout titan closed its KKR Asian Fund III on $9.3 billion in May, the largest PE vehicle ever raised in the region.
Considering KKR's rate of activity in Asia, that fact is no surprise. The firm has completed 89 deals in the region since the start of 2010, per the PitchBook Platform, more than any other US-based PE firm. KKR bought Japanese autoparts maker Calsonic Kansei for $4.5 billion in March, while a planned $2.3 billion takeover of Japan's Hitachi Kokusai Electric fell apart last week.
Incredible Tax Breaks: How Economic Opportunity Zones Work (Special Report)
This is the first part of a multi-part series on Economic Opportunity Zones. The tax-efficient zones were brought in as part of the Tax Cuts and Jobs Act of 2017 to try and stimulate economic activity in underdeveloped regions. Q2 2020 hedge fund letters, conferences and more The following articles will cover the benefits Read More
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