KKR has launched an office in Shanghai, its third location in Greater China and its eighth in Asia-Pacific. The buyout titan closed its KKR Asian Fund III on $9.3 billion in May, the largest PE vehicle ever raised in the region.
Considering KKR's rate of activity in Asia, that fact is no surprise. The firm has completed 89 deals in the region since the start of 2010, per the PitchBook Platform, more than any other US-based PE firm. KKR bought Japanese autoparts maker Calsonic Kansei for $4.5 billion in March, while a planned $2.3 billion takeover of Japan's Hitachi Kokusai Electric fell apart last week.
Read more KKR news here. PitchBook Platform users can view the data on US PE investor activity in Asia.