Anticipating further deterioration in US corporate credit, KKR said it will reallocate all of its dedicated leveraged loan capital this year to an opportunistic fund that will span across corporate credit sectors.
KKR will designate 7% of its balance sheet to “actively managed opportunistic credits”, meaning it will look for specific opportunities across US corporate credit asset classes — including structured products, high yield bonds and loans — as opposed to a dedicated general asset class strategy for investment grade
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
Or sign up for a trial to gain full access to the entire site for a limited period.
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.