KKR expands in Asia, armed with $1.1bn credit fund

KKR expands in Asia, armed with $1.1bn credit fund

KKR has raised $1.1bn in its inaugural Asia credit fund that provides debt financing to companies, marking what the U.S. private equity firm said was one of the largest such first-time fundraisings in Asia Pacific. Private credit funds have gained traction in Asia in...
Klarna in talks with investors to raise more money

Klarna in talks with investors to raise more money

Swedish payments firm Klarna is in talks with investors to raise more money and has no plans to go public this year, Chief Executive Sebastian Siemiatkowski said in an interview two days after the firm laid off 700 staff. Klarna investors include Silver Lake,...
How Private Equity Can Boost Italy’s Future Growth

How Private Equity Can Boost Italy’s Future Growth

Italian companies are highly undercapitalized compared to other major European countries, with shareholders representing just 42 percent of the balance sheet structure in the economy – as opposed to the 50 percent weighting seen in Germany, France, Spain, and the UK....
Stellus Capital Raises $950m for New Funds

Stellus Capital Raises $950m for New Funds

Stellus Capital Management, a leader in middle market direct lending, today announced the final close of Stellus Credit Fund III. The Firm materially exceeded its target fundraising goal with approximately $1.8bn of investable capital including target leverage,...