KKR Raises $2.5 Billion for Asia-Pacific Private Credit Fund, Deploys Capital Across 10 Deals

KKR has completed a $2.5 billion fundraise for its Asia-Pacific private credit platform, including $1.8 billion for the Asia Credit Opportunities Fund II (ACOF II) and $700 million through separately managed accounts. ACOF II is the largest pan-regional performing private credit fund in Asia-Pacific. Since launch, KKR has deployed over half the capital across 10 investments totaling $4.6 billion. The fund targets senior and unitranche direct lending, capital solutions, and collateral-backed investments, reflecting growing investor demand in the region.