Global private investment major KKR & Co expects approximately 50% of its private equity capital distributions in 2025 to originate from Asia, according to a report by Reuters citing Co-Chief Executive Officer Joe Bae.
Speaking at the Global Financial Leaders’ Investment Summit in Hong Kong, Bae told attendees that KKR’s Asia Pacific operations have already returned more than $7.3bn so far this year, underscoring the region’s resurgence after a period of sluggish IPO and M&A activity caused by high interest rates and weak capital markets.
He described KKR Asia as the firm’s “fastest growing” private equity business. It has had three recent large exits: the $2.55 bn sale of Japanese supermarket chain Seiyu, a $1.4bn exit from India’s JB Chemicals & Pharmaceuticals, and a partial stake sale in South Korea’s HD Hyundai Marine Solution Co.
