VCCircle reports that New York-based private equity firm Kohlberg Kravis Roberts & Co Ltd., (KKR) marked the pre-close of its second India-focused credit fund at $160 million, with the aim of finally closing at $298 million in a few months. The company will invest in structured credit situations in either...
Foreign Lenders Support Non Banking Systems in India
The Wall Street Journal reports that global players such as KKR & Co. L.P., headquartered in New York City, and Manhattan-based Goldman Sachs are actively involved in alternative lending in India. Though the amount of the loans being offered are far smaller than those disbursed by big banks, the sector...