GLOBAL - KKR to delay launch of next buyout fund
Reports suggest that KKR is delaying the launch of its next buyout fund until next year, after having already invested 70% of its previous $17.6bn vehicle that closed in 2007.
The delay could suggest that KKR is having difficulty raising new funds and could spell uncertainty for the firm's stock price.
A number of investments from KKR's 2007 fund, including semiconductor company NXP and Energy Future Holdings, are said to be underperforming.
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