KKR & Co. (KKR) Plans to Enter Japan's Private Credit Market
KKR(KKR) ZACKS·2024-06-04 17:26
KKR & Co. Inc. (KKR) is looking to enter the private credit market in Japan to offer an alternative to bank loans. This will strengthen its foothold in Japan.The CEO of KKR Japan revealed this in an interview with Bloomberg. He said, “It will be a medium to long-term initiative. I think it is very important in Japan that we do it ourselves.”The $1.7 trillion global private credit industry has witnessed significant growth in the United States and Europe by targeting companies with high credit risk and privat ...