KKR’s new raise easily beat the previous biggest buyout fundraise in the region, which saw Hillhouse Capital close its fourth Asia-focused fund on $10.6bn in September 2019.
Hiro Hirano, co-head of Asia Pacific private equity at KKR, said, “The opportunity for private equity investment across Asia Pacific is phenomenal.
“While each market is unique, the long-term fundamentals underpinning the region’s growth are consistent – the demand for consumption upgrades, a fast-growing middle class, rising urbanization, and technological disruption.”
His fellow co-head Ashish Shastry added, “Companies across Asia Pacific are recognizing their potential to become not only national and regional champions but also global leaders in their industries.
Forbes releases its longest list of wealthiest people in the world, with 2,755 billionaires By Caitlin O Kane Jeff Bezos stepping down as Amazon CEO
Forbes has revealed its list of the world s wealthiest – and it s the biggest group in the annual list s 35 years. During a pandemic year that saw rapid-fire public offerings, surging cryptocurrencies and skyrocketing stock prices, a staggering 86 percent of the world s wealthiest people are richer than they were a year ago, Forbes says.
The list includes 2,755 billionaires – 660 more than last year, including 493 people who are new to the list. The No. 1 spot went to Jeff Bezos, whom Forbes says has a net worth of $177 billion, making him the world s richest for the fourth year running.
Jeff Bezos, Elon Musk top the Forbes 2021 rich list mysanantonio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mysanantonio.com Daily Mail and Mail on Sunday newspapers.
Indian state refiners plan to cut oil imports from Saudi Arabia by about a quarter in May
State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway s Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on Monday. IOC will take delivery of two million barrels of the North Sea crude in each of May and June, one of the sources said.
Further details on the trades were not yet clear. The move follows the Indian government s call to cut dependence on crude from the Middle East in an escalating stand-off between India, the world s third-largest crude importer, and Saudi Arabia, the de-facto leader of the Organization of Petroleum Exporting Countries (OPEC).
Más colas, menos combustible: el otro infierno en Venezuela panampost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from panampost.com Daily Mail and Mail on Sunday newspapers.