Global private equity firm KKR is significantly increasing its investments in India, recognizing it as one of the most active markets in Asia. Scott Nuttall, co-CEO of KKR & Co. LP, has highlighted the company's strategic plans to dramatically expand its presence in the Indian market.
KKR's interest in India began in 2006, and the firm has since established a strong foothold in the region. This expansion aligns with KKR's broader strategy of investing in growth opportunities across Asia. The company sees immense potential in providing capital and expertise to growing companies in the region, particularly through growth equity investments.
Nuttall's statements underscore the importance of the Indian market within KKR's overall Asian strategy. India's attractiveness is further amplified by the increasing availability of buyout opportunities, although KKR's primary focus remains on growth capital investments.
KKR's activity in Asia is substantial. In 2014, the company announced deals totaling $1 billion in Asia, representing nearly 50% of its active deal flow worldwide. This demonstrates KKR's commitment to the Asian market and its confidence in the region's growth potential.
KKR is also focusing on expanding its reach to individual investors. The firm has been increasing the size of its sales team dedicated to individual investors, recognizing the significant opportunity in this segment. This initiative aims to make KKR's private market strategies accessible to a broader range of investors.
The private equity firm is actively raising capital for various funds, including those focused on the Asia-Pacific region. In March 2021, KKR amassed $15 billion for KKR Asian Fund IV, which is the largest PE fund dedicated to the Asia-Pacific region. This fund will likely further fuel KKR's investment activities in India and other Asian markets.
