KKR Secures $2.5B Capital Infusion For Asia Private Credit Fund

KKR (NYSE:KKR) announced on Thursday the completion of a $2.5 billion fundraise focused on committing capital to privately originated performing credit investments in Asia Pacific. • KKR shares are showing limited movement. What’s ahead for KKR stock? The fundraising includes $1.8 billion in KKR Asia Credit Opportunities Fund II (ACOF II) and $700 million raised from separately managed accounts focused on the same types of investment opportunities.At close, the fund ranks as the largest pan-regional performing private credit fund in Asia Pacific. The milestone builds on KKR's first Asia Pacific-dedicated private credit vehicle, the KKR Asia Credit Opportunities Fund, which raised $1.1 billion in 2022 to become the largest inaugural pan-regional fund focused on performing credit. To date, KKR's Asia Credit platform has completed 10 investments through ACOF II, representing $1.9 billion in KKR commitments, alongside additional capital pools, and generating total transaction volume of $4.6 billion. Diane Raposio, partner and head of Asia credit and markets at KKR, said, "Asia is a key pillar of KKR's global credit strategy. The close of ACOF II demonstrates the breadth and scale we have built across our Asia credit platform, spanning both private and liquid markets. We are seeing growing investor demand for allocation to credit in the region."KKR's Asia Credit platform seeks to provide bespoke private credit solutions to companies and sponsors that harness the strength of KKR's investment capabilities and its expertise as one of the largest credit managers globally. The Asia credit team leverages KKR's local and global resources to source, diligence and execute investment opportunities to provide borrowers with customized financing and value creation potential while ensuring lender capital protections. Like its predecessor, ACOF II will pursue investments in performing privately originated credit and target opportunities across three primary investing themes, including senior and unitranche direct lending, capital solutions and collateral-backed investments."Private credit remains a relatively nascent yet compelling opportunity across the region," SJ Lim, managing director and head of Asia Private Credit at KKR, said. "Our performing credit strategy is based on the same long term structural themes such as rising consumption, urbanization and digitalization that have underpinned the growth of private markets in Asia."The fund received strong support from new and existing investors, including insurance companies, public and corporate pension funds, sovereign wealth funds, family offices, banks, corporates and asset managers. KKR's Asia Credit strategy has closed more than 60 investments in Asia Pacific since 2019, with approximately $8.3 billion in KKR capital invested and $27.5 billion in total transaction value, spanning acquisition financing and customized capital solutions across multiple sectors, including health care, education, real estate, logistics, and infrastructure.KKR targets credit investments in Australia, Greater China, India, Japan, Korea, New Zealand and Southeast Asia.Today, KKR manages approximately $282 billion of credit assets globally, including approximately $143 billion in leveraged credit, approximately $131 billion in private credit, and approximately $8 billion in strategic investments, as of Sept. 30, 2025. KKR has a team of approximately 250 credit investment professionals across 12 offices globally. Photo: Shutterstock