KKR seeks $20 billion for its new North America private equity fund

Q: How long will it take to read this news story?

The story "KKR seeks $20 billion for its new North America private equity fund" has 673 words across 23 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "KKR seeks $20 billion for its new North America private equity fund" was covered 1 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 294 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21371042</li><li>URL: https://beamstart.com/news/kkr-seeks-20-billion-for-17192464298230</li></ul>

Business Standard Logo Business Standard 1w ago

KKR seeks $20 billion for its new North America private equity fund - Business Standard

Quick Summary:

KKR has also committed to offering rank-and-file employees of its portfolio companies in North America equity in these companies, an incentive the corporate world traditionally reserved only for senior executives.

The new KKR fund is called North America Fund XIV and began its marketing to investors earlier this month, the sources said.

A total of 90 US buyout fundraising closures took place during the first quarter of 2024, attracting a combined $55 billion in commitments, down 57 per cent from a year earlier, according to LSEG data.