Kohlberg Kravis Roberts has closed its biggest US fund on almost $18bn (â¬11.5bn) in a vote of confidence for large buyouts despite new research that shows investors have become more interested in small or medium sized deals.
KKR 2006 Fund closed on $17.6bn, nearly three times the amount raised for its predecessor in 2003, according to a source close to the firm who said KKR had targeted $16.5bn.