(Bloomberg) -- KKR & Co. says the consumer sector will continue to provide investment opportunities in India, where the US buyout giant is also building out ...
-- KKR & Co. says the consumer sector will continue to provide investment opportunities in India , where the US buyout giant is also building out its private credit portfolio .Billionaire Pinaults Fight to Pull Gucci Off the Discount Rack
In the consumer segment, the firm has backed eyewear retail chain Lenskart Solutions Pvt and Lighthouse Learning Group, an early childhood and education group. KKR has also taken a stake in Mukesh Ambani’s retail business. It hasn’t always been smooth sailing for the firm in India. KKR got burnt on its local credit portfolio, which lost money and saw a chunk of its capital wiped out in 2019 amid a shadow banking crisis. The unit was later merged with InCred Financial Services Ltd., a local consumer lender.
Founded in 1976 by Kravis, Jerome Kohlberg and George Roberts, KKR has moved beyond its private equity roots to becoming an alternative-asset management giant with strategies including buyouts, credit, infrastructure, real estate and insurance.
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