KKR and Mubadala Investment Company, a global sovereign investor, have signed a strategic partnership under which the firms will co-invest around $1 billion across performing private credit opportunities in the Asia Pacific region.
Mubadala will deploy its capital alongside KKR’s existing pools of capital, including the recently raised KKR Asia Credit Opportunities Fund, a $1.1 billion vehicle focused on performing, privately originated credit investments in the region. The long-term capital provided by the partners will provide credit solutions to companies and sponsors who face challenges accessing flexible financing due to limited supply of capital from banks and non-bank lenders.
“Expanding into the Asia Pacific region is a core pillar of our strategy as this market presents unique credit investment opportunities, driven by its rapid growth and high demand for non-bank capital,” said Omar Eraiqaat, co-head of credit investments at Mubadala. “We are very ple