Direct lending head says market is overheating
A 2018 outlook report by KKR suggests now’s the time to reduce exposure to direct lending. This comes as another part of KKR goes on a direct lending fundraising spree

Dublin-based co-head of global credit parts company with KKR
An experienced figure in European credit has left KKR in order to pursue interests outside of fund management. He had been serving as co-head of global credit at the firm

KKR opens Frankfurt office
The global investment firm has announced the opening of a new office in Frankfurt, Germany, in a bid to further strengthen its presence in Europe

Former KKR credit strategies head joins Angel Island
Lynette Vanderwarker, who had previously been leading the credit strageies group at KKR, has been appointed chief strategy officer at Angel Island Capital Management

KKR raises $2.24 billion for second private credit opportunities fund
Global investment firm KKR has announced the final close of its second private credit opportunities fund, KKR Private Credit Opportunities II, at $2.24 billion

KKR Credit wins US pension fund's $300 million private debt mandate
KKR credit has won a mandate from an Iowa pension fund to act as its private corporate debt strategic partner, board documentation seen by Creditflux reveals

FS and GSO end subadvisory partnership amid new launch plans for both
GSO Capital Partners has announced plans to launch an internal direct lending business and to stop subadvising FS Investments’ funds, while FS has agreed to form new partnerships with KKR and EIG Global Energy Partners to manage FS's BDC platform

KKR and Audax poised to receive commitments from Arizona pension fund
Arizona’s Safety Personnel Retirement System may commit $175 million to credit strategies run ky KKR and Audax, according to board documents seen by Creditflux

Abu Dhabi Investment Authority buys stake in KKR’s Indian credit business
The Abu Dhabi investment Authority has become a significant minority shareholder in KKR India Financial Services, an alternative credit business in India owned by US private equity firm KKR

KKR-managed BDC increases borrowing capacity of two revolving credit facilities
Corporate Capital Trust, a business development company externally managed by KKR Credit, has increased the maximum borrowing capacity of two of its secured revolving credit facilities

California manager drafts in former KKR vice president as CFO
A west coast firm has hired KKR's former vice president of finance. He will step into the role of chief financial officer as well as chief compliance officer

KKR lists largest BDC on NYSE
A business development company (BDC) co-sponsored by asset manager KKR has gone public

KKR raises $7 billion through strategic investor partnerships
KKR is prioritising strategic partnerships with institutional investors and longer lock-up vehicles, according to officials at the firm

KKR's private credit fund fund targets Hong Kong and now South Korea
KKR has raised $301.1 million for its KKR Private Credit Opportunities Partners II (EEA) LP fund, which appears to be targeting Asia-based investors

US managers win South Korean investment
Ares, Audax and KKR are among the cluster of fund managers that have put their hearts and minds into marketing credit funds in Seoul – with great success

Goldman Sachs and KKR private credit funds win Korean investors
Korea Post has decided to commit $200 million to a new mezzanine debt fund from Goldman Sachs and $100 million to KKR Credit’s global mezzanine fund, according to local media reports

Magnetar poaches former KKR private credit specialist
Alternative asset manager Magnetar Capital has hired private credit specialist Erik Falk from private equity firm Kohlberg, Kravis, Roberts & Co

KKR Credit's upcoming direct lending fund surpasses $600 million
Fundraising for direct lending strategies is firmly on the agenda at KKR

Mid-west pension fund approves credit allocations to KKR and Avenue
A mid-west pension fund has upped its allocation to KKR’s latest direct lending strategy

JP Morgan credit specialist set to join large credit manager in London
An experienced banker is leaving the leveraged finance desk at JP Morgan ahead of a move to the buy side. He is set to be involved with his new employer's upcoming direct lending fund