In a way, the private equity market in China looks similar to the ways things looked in the U.S. during the late 1970s. Basically, the opportunity was massive. Of course, one of the big beneficiaries was KKR.
Well, the firm is also jumping into the action in China. This week, KKR led an investor group that invested $160 million in a Chinese financial leasing firm, called International Far Eastern Leasing Co Ltd. The other investors included the Government of Singapore Investment Corp and China International Capital Corp. Having such strategic partners is a necessity in China (in terms of dealing with the complex regulations).
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