KKR has seen better returns on private credit deals in Asia, compared to the US and European market, according to a report by Bloomberg.
Citing an interview with Brian Dillard, head of Asia credit at KKR in Hong Kong, the report said that the ratio of the private equity to private debt assets under management is 30.8 times for the Asia-Pacific region compared with 5.2 times for the US and 3.5 times for Europe.
Dillard, as quoted in the interview reasoned these improved returns as coming from lower availability of private credit in the broader Asia-Pacific market.
