KKR Set to Debut Retail Private Equity Fund for Asia, Europe

KKR & Co. is launching a vehicle for wealthy individuals to invest in deals alongside its private equity funds, the latest effort by the alternative-asset manager to capture a piece of the growing private-wealth market.

KKR Private Markets Equity Fund SICAV SA, or K-PRIME, will begin accepting cash on May 1 and be open to investors in Europe and Asia, according to a prospectus. A representative for New York-based KKR declined to comment.

The firm intends to offer products in private equity, credit, infrastructure and real estate globally, Chief Financial Officer Robert Lewin said last month during a ...