💰SWF – Sovereign Wealth Fund
Abu Dhabi Picks Up Minority Stake in KKR India
Cash-rich Abu Dhabi Investment Authority (ADIA) has acquired a significant minority stake in global alternative investment firm KKR’s Indian credit unit through a wholly-owned entity, according to a press release from KKR.
The unit leverages KKR’s investment platform to provide long-term financing to companies and mid-sized enterprises in India.
Details of the transactions are not being disclosed.
SWFI – Sovereign Wealth Fund Institute
https://www.swfinstitute.org/swf-news/abu-dhabi-picks-up-minority-stake-in-kkr-india/
KKR India Financial Services Secures ADIA as Minority Shareholder
MUMBAI, India–(BUSINESS WIRE)– Global investment firm KKR today announced that an entity ultimately wholly-owned by the Abu Dhabi investment Authority (“ADIA”) for ADIA has become a significant minority shareholder in KKR India Financial Services (“KIFS”), an alternative credit business in India.
http://media.kkr.com/media/media_releasedetail.cfm?releaseid=1050503