Kohlberg Kravis Roberts (KKR) is planning to expand its operations in India beyond private equity, Mint reports. The firm is aiming is to set up an asset management division.
KKR recently lent more than $1 billion to Indian promoters and companies through its non-banking financial firm KKR India Financial Services. KKR India has invested $600 million in four debt deals so far in 2011, up from $500 million in 2010.
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