KKR fund to target ‘undervalued’ UK, Irish and US assets

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By David Bell
10 Jan 2018

KKR’s latest global private credit fund will target asset classes seen as undervalued, including UK prime auto loans, Irish SME loans and US residential bridge loans, said portfolio manager Dan Pietrzak on Wednesday.

The firm’s new $2.24bn private credit fund will target a range of private investment methods to gain exposure to certain asset classes, Pietrzak told GlobalCapital.

“We’re trying to fill the void in asset classes that banks have stepped back from,” he said.

When the fundraising was ...

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