KKR & Co. (KKR:US) won a $225 million commitment from the Oregon Investment Council for its second buyout fund investing in Asia.
The buyout firm is raising $6 billion for KKR Asian Fund II LP to invest across the region. The Oregon Public Employees Retirement Fund pledged $200 million, and Oregon’s Common School Fund is investing $25 million under a plan approved today by the Oregon Investment Council, which manages assets for both entities.
To contact the reporter on this story: Anthony Effinger in Portland at email@example.com
To contact the editor responsible for this story: Christian Baumgaertel at firstname.lastname@example.org