KKR's flagship fund attracts $400 mn from NPS, Korea Post
Jun-ho Cha and Jung-hwan Hwang
May 21, 2021 (Gmt+09:00)
KKR & Co. has attracted a combined $400 million from the National Pension Service and Korea Post for its latest flagship fund that raised $18.5 billion at its final close.
The NPS has committed $300 million and Korea Post $100 million to KKR North America Fund XIII, according to investment banking sources on May 21. It is the US investment firm's largest buyout fund since its $17.6 billion fund launched in 2006.