Private equity rains on Southeast Asia

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KKR founder Henry Kravis sees plenty of investment opportunities in Southeast Asia

US-based private equity company Kohlberg Kravis Roberts & Co said it will invest more than $1 billion in the Southeast Asian region over the next five years as it sees increasing opportunities especially in Thailand, Vietnam and the Philippines.

The announcement came close after it has been revealed this week that its competitor, Carlyle Group, made its first investment in Southeast Asia, buying a stake of around 25 per cent in a publicly traded Indonesian telecom towers operator for about $100 million.

KKR on October 25  officially opened an office in Singapore to serve as the regional hub for investments, which will be staffed by a seven-member team. In the Southeast Asian region, 20 per cent of KKR’s investment is in Singapore – including  data storage company MMI, technology company Avago and precision components manufacturer Unisteel.

“Southeast Asia is KKR’s second largest investment destination in Asia after China. But now is the time to establish a permanent presence,” said KKR’s co-founder Henry Kravis in the company announcement.

He added there was still a lot of potential to be tapped in Southeast Asian given that companies are still looking for capital and partners.

KKR, which has $61.5 billion in assets under management, sees investment opportunities in the consumer sector, the financial services sector and the resources sector such as agricultural products, palm oils, minerals and metals.

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Reading Time: 1 minute

KKR founder Henry Kravis sees plenty of investment opportunities in Southeast Asia

US-based private equity company Kohlberg Kravis Roberts & Co said it will invest more than $1 billion in the Southeast Asian region over the next five years as it sees increasing opportunities especially in Thailand, Vietnam and the Philippines.

Reading Time: 1 minute

KKR founder Henry Kravis sees plenty of investment opportunities in Southeast Asia

US-based private equity company Kohlberg Kravis Roberts & Co said it will invest more than $1 billion in the Southeast Asian region over the next five years as it sees increasing opportunities especially in Thailand, Vietnam and the Philippines.

The announcement came close after it has been revealed this week that its competitor, Carlyle Group, made its first investment in Southeast Asia, buying a stake of around 25 per cent in a publicly traded Indonesian telecom towers operator for about $100 million.

KKR on October 25  officially opened an office in Singapore to serve as the regional hub for investments, which will be staffed by a seven-member team. In the Southeast Asian region, 20 per cent of KKR’s investment is in Singapore – including  data storage company MMI, technology company Avago and precision components manufacturer Unisteel.

“Southeast Asia is KKR’s second largest investment destination in Asia after China. But now is the time to establish a permanent presence,” said KKR’s co-founder Henry Kravis in the company announcement.

He added there was still a lot of potential to be tapped in Southeast Asian given that companies are still looking for capital and partners.

KKR, which has $61.5 billion in assets under management, sees investment opportunities in the consumer sector, the financial services sector and the resources sector such as agricultural products, palm oils, minerals and metals.

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