KKR India Financial Services Secures ADIA as Minority Shareholder
December 4, 2017
Mr. BV Krishnan, Member at KKR and CEO of KIFS, said, “India continues to be an underserved financial services market, with shallow capital markets and an over-reliance on banks for wholesale financing. KIFS has consistently provided flexible credit financing solutions to companies and shareholders, keeping in mind their long-term objectives for their business. ADIA’s investment in KIFS gives us a high-caliber partner to work alongside as we further scale our platform and deliver creative solutions in the market.”
Mr.
KIFS has established a market-leading position in India’s structured
credit space, having extended approximately
Further details of the transaction are not disclosed.
About KKR
KKR is a leading global investment firm that
manages multiple alternative asset classes, including private equity,
energy, infrastructure, real estate, credit and, through its strategic
manager partnerships, hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world-class people, and driving growth and value
creation with KKR portfolio companies. KKR invests its own capital
alongside its partners’ capital and provides financing solutions and
investment opportunities through its capital markets business.
References to KKR’s investments may include the activities of its
sponsored funds. For additional information about
View source version on businesswire.com: http://www.businesswire.com/news/home/20171203005116/en/
For KKR Asia
Anita.Davis@kkr.com
or
Finsbury
(For KKR EMEA)
Alastair Elwen, +44(0)20 7251 3801
alastair.elwen@finsbury.com
or
siddharth.panicker@edelman.com
Source: KKR
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