MUMBAI: American private equity (PE) major KKR has invested almost $8 billion in new investments since the start of covid-19 crisis.
In an analyst call on Wednesday, KKR co-president Scott Nuttall said since late February, the PE firm has invested $5 billion from its credit business and $3 billion from its private equity business. "We are using the target list we have been building over the last few years and investing in these companies that we know and like and at risk reward levels that are attractive to us," siad Nuttall.
Nuttall added that the firm sees many investment opportunities such as consolidation opportunities for its portfolio companies, opportunities to back past portfolio companies and non core subsidiary sales by companies
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