Announced

Abu Dhabi investment Authority invested in KKR India Financial Services.

Synopsis

Abu Dhabi investment Authority invested in KKR India Financial Services, KKR's alternative credit business in India. Financial terms were not disclosed. BV Krishnan, Member at KKR and CEO of KIFS, said, “India continues to be an underserved financial services market, with shallow capital markets and an over-reliance on banks for wholesale financing. KIFS has consistently provided flexible credit financing solutions to companies and shareholders, keeping in mind their long-term objectives for their business. ADIA’s investment in KIFS gives us a high-caliber partner to work alongside as we further scale our platform and deliver creative solutions in the market.”

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