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KKR announces China investment

Even as constrained lending at banks is leading to frenetic activity in the private equity space, industry-leader Kohlberg Kravis Roberts & Co (KKR) has announced a new investment opportunity for China. KKR China Growth Fund L.P., a China focused investment fund managed by KKR, has entered into a definitive agreement to invest US$60 million into China Outfitters Holdings Limited (“China…

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